Minnesota nonprofits hope to tap into next-door wealth

February 12, 2011 at 6:20 am in Grand Forks Herald

A first-of-its-kind study indicates there may be more millionaires next door than we think. An estimated $48 billion will transfer from Minnesota’s elderly to the next generation in the coming 20 years, according to the new “Minnesota Generational Transfer of Wealth Study” sponsored by several state foundations. Continue Reading