News Summary

• As baby boomers phase out and pass on the fortunes they've built to subsequent generations, a lot will change.
• "The level of connection tends to wane," said Steve Isom, chief operating and financial officer of nonprofit software company Bloomerang.
• millennials and Gen Z care most about giving because it makes them feel as if they are "part of something," a report says.
• More than half the total will come from the roughly 2% of households that are already high-net-worth.