2022 Transfer of Wealth Study

(Havre) – With the Hill County Community Foundation Awarding $7000 in grants to community projects in Hill County New Media Broadcasters sat down with Pam Veis the current committee chair of the Hill County Community Foundation about the Transfer of Wealth study done in 2022.

“They actually just came out with a current study that shows $37 billion will transfer from one generation to the next in Montana between 2020 and 2030 and under Hill County you can see how much money is transferring out. Our 10-year projected transfer is $267 million dollars and as a community foundation what we hope is that people might consider saying in their estate leaving 5% of their estate to a community foundation and if that were to happen under that $267 million with in that ten years that would mean that annually hill county would have just over $600,000 to grant out on an annual basis.”

Copyright © New Media Broadcasters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.