Are Millennials about to inherit $30 trillion dollars?

This video from the WSJ claims that Millennials facing an estimated $30 trillion transfer of wealth from their parents.

There a few points worth considering:

How much of this wealth is going to be consumed by mum and dad - more than their children expect?

An interesting idea of matching the age of the financial adviser to their clients. Makes sense.

I would think the situation in the UK is not that much different from in the US. Dick Stroud