“The United States is poised to experience one of the largest leadership transfers in its history,” Hastings said. “This is coupled in rural communities with a sizable wealth transfer. Between now and 2060, $75 trillion will be transferred from older generations to the younger.”
These transfers, she said, will “disproportionately impact rural communities.”
This impact prompted Dr. Lindsay Hastings to ask, “How can we help rural communities navigate both wealth and leadership transfers?”