U.S. Trust has developed Web-based educational resources for young adults through an expanded Financial Empowerment Program. The online, educational resources, interactive learning modules and self-assessment and planning tools are designed for tech-savvy Generation X and Y adults who inherit wealth and don’t have the financial skills to manage it.

Educational materials address investing basics and leveraging credit wisely. They also address the financial considerations of major milestones, such as marriage, buying a home, having a baby, and changing jobs, the heightened risk of identity theft and reputation risk that families of wealth often face.

The materials also cover the practical aspects of sophisticated estate planning and wealth management tools, such as insurance, trusts and gifting, as well as the complex, multi-dimensional considerations of charitable giving and legacy planning.