Iowa Transfer of Wealth
Between the years of 2000-2049, Iowa can expect to see $531.7 billion transfer from one generation to the next through probate estates. In 2020 through 2029 alone, $98.25 billion is expected to pass to heirs.
Allamakee County Transfer of Wealth
During years 2020-2029, $404 million is expected to transfer from one generation to the next through probate estates. Between 2000-2050, the estimated transfer is $2.1 billion.
| Transfer of Wealth |
Allamakee County |
State of Iowa |
| 2020-2029 |
$ 404 million |
$ 98.25 billion |
| 2000-2049 |
$ 2.1 billion |
$ 531.7 billion |
If just five percent of the projected transfer could be invested between now and 2050 at the Community Foundation in an endowment, nearly $105 million would be secured forever. Figuring a 4.25% grant payout, an estimated $4.4 million could be available annually to improve the quality of life in our community and secure our future.
For more information, please contact: ACCF Coordinator Betty Steege at 563-586-2046 or Director of Affiliate Foundations, MJ Smith, at 563-880-9992.
