A MULTITRILLION-DOLLAR INHERITANCE WAVE — GENERATIONAL WEALTH TRANSITIONS RESHAPING OWNERSHIP ACROSS LA’S LUXURY MARKET

A historic generational shift in wealth is underway — and its ripple effects are being felt across every tier of the housing market, particularly at the high end.

“Trillions in generational wealth are now actively reshaping luxury real estate ownership.”

Often referred to as The Great Wealth Transfer, this multidecade transition is moving wealth from Baby Boomers to Gen X and Millennial heirs — with real estate emerging as one of the primary landing points for inherited capital.

Little Holmby Trust Sale

$124 TRILLION
Projected wealth expected to transfer between generations in the coming decades.

Across Los Angeles, we are seeing inherited wealth deployed into trophy estates, legacy properties, and lifestyle-driven acquisitions.

Neighborhood Impact

Pacific Palisades — Generational lot transitions and rebuild opportunities.

Beverly Hills — Legacy estates entering the market for the first time in decades.

Brentwood & Santa Monica Canyon — Family compounds being repositioned.

Trust & Probate Sales Are Rising

As wealth transfers accelerate, trust and estate-related real estate transactions are increasing — requiring fiduciary pricing, court navigation, and strategic repositioning.

“Inherited property is simultaneously fueling demand — and creating new luxury inventory.”

Should you or your clients require guidance on a trust or estate property sale, Lisa Gild can provide expert fiduciary representation. As a California Association of REALTORS® Certified Trust & Probate Specialist and a member of Douglas Elliman’s Estate, Trust & Probate Division — a select group focused on advising fiduciaries and trustees — she brings specialized expertise to these complex transitions. Lisa Gild can be reached at lisa@lisagild.com.

Related Article:

https://www.realtor.com/news/trends/generational-wealth-transfer-sothebys-luxury-report-2025/