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The Future of Inheritance: How Millennials Are Rewriting the Rules on Estate Planning – Presented by RockpointProbate.com

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EL SEGUNDO, Calif., Sept. 30, 2024 /PRNewswire/ — Rockpoint Probate announces a shift in estate planning as millennials prioritize digital assets, social causes, and flexibility, fundamentally changing the landscape of inheritance. Millennials. You’ve heard the gripes. They’re killing everything from plastic straws to homeownership. But here’s one thing they’re saving, or at least seriously shaking up—estate planning. Yeah, that’s right. While older generations may have tucked away their wealth and handed it over in a neat little package after they passed, millennials are looking at the whole deal differently. They’re less interested in the traditional ways of passing down wealth and more focused on new priorities—like digital assets, environmental responsibility, and making sure their lives reflect the kind of values they’ve lived by.

And it’s not just about doing things differently; it’s about making sure estate planning, that often dusty process for lawyers and accountants, catches up with the times. So how are they doing it? Let’s take a closer look at how millennials are shaping the future of inheritance and what that means for all of us.

Digital Assets: A New Kind of Inheritance

You probably wouldn’t have caught your grandfather worrying about his social media accounts when writing a will, right? But for millennials, who grew up with the internet humming away in the background, digital assets are just as important as the physical stuff. We’re talking everything from Bitcoin wallets to Instagram accounts with tens of thousands of followers, to online businesses they’ve built from scratch.

The real kicker? They’re not waiting until they’re gray and stooped to worry about it. They’re making plans now, drafting instructions for what happens to their digital lives when they’re gone. Some are appointing “digital executors”—yes, that’s a thing now—to take care of their online presence after they’re not around to tweet anymore.

As a result, the legal world is playing catch-up. Unlike grandpa, who knows a guy who knows a guy, Millennials search for well reviewed attorney online. Estate planning documents are starting to explicitly call out digital assets, and lawmakers are scrambling to write guidelines for an online afterlife. For millennials, this isn’t just about keeping up appearances. It’s about recognizing that digital stuff is real stuff, and it matters.

Money with Meaning: Social and Environmental Causes Matter

And then there’s the social stuff. Millennials aren’t exactly known for being shy about their passion for causes—social justice, environmental sustainability, and charitable giving. Their estate planning reflects those values, too. It’s not just about leaving a nest egg for the kids or passing on a family home. More and more, millennials are setting up their wills and trusts to ensure that their wealth continues making a difference long after they’ve checked out.

Charitable remainder trusts and donor-advised funds? You bet. For this generation, giving back is part of the package. And they’re smart about it, too, making sure their money goes where they want it—whether that’s protecting the planet, funding social causes, or ensuring their investments line up with sustainable values.

It’s a pretty sharp contrast to their predecessors, who often viewed wealth transfer as a way to secure the family name and fortune for generations to come. Millennials, though, want to make sure their wealth, however modest or grand, contributes to something bigger than themselves. That’s where their hearts are—giving back to the world while they’re still here and after they’re gone.

Flexibility and Control: Keeping the Reins Tight

Here’s another thing: Millennials like to keep their options open. Whether it’s switching jobs, changing cities, or rethinking life plans, they’re all about flexibility. Like Legal Loans, Inheritance Loans have become popular among Millennials. So when it comes to estate planning, they don’t want something set in stone at 35, only to be dragged along for the rest of their lives. They want to tweak, update, and control their future even when they’re not around.

This is where revocable living trusts come in—giving them control over their assets now and the ability to update plans as life inevitably changes. Millennials, unlike their grandparents, don’t view estate planning as a one-and-done deal. They see it as a living, breathing document that can be adjusted as they grow older, wealthier (hopefully), or have new ideas about where their money should go. Many Millennials are opting to secure Inheritance Funding to pay off their debts, start businesses, and manage their own estate rather than wait for Probate.

That flexibility is a key difference between them and the generations before. Sure, older folks used trusts and estate plans, but the idea of continuous control—even beyond the grave? That’s where millennials shine.

Estate Planning in the Age of Technology

But perhaps the biggest shift in millennial estate planning comes down to their comfort with technology. This generation lives and breathes digital tools, so it’s no surprise that they’re not waiting for some stuffy meeting in a wood-paneled office to get their affairs in order. They’re using online platforms, creating estate plans digitally, and signing off with e-signatures. In fact, some are even using blockchain to track assets for added security.

Estate planning services have noticed the trend, with more and more offering digital-first solutions that let users craft their wills, trusts, and other legal documents with just a few clicks. It’s estate planning for the click-and-swipe generation, offering convenience and ease at a fraction of the traditional cost.

And as the demand for digital estate planning grows, companies are getting smarter about ensuring privacy, safety, and security in ways that haven’t been seen before. No more filing important papers in a fireproof box under the bed—everything’s going to the cloud.

Financial Independence Over Inheritance

Here’s the thing: If you talk to a millennial about inheritance, don’t be surprised if they look at you a little sideways. Unlike previous generations who often banked on receiving a hefty check or a house in the will, millennials aren’t waiting around for an inheritance to secure their futures. They’re planning for financial independence—and that’s the real game changer.

Many of them are creating estate plans that focus more on funding their personal growth and financial independence than passing down wealth to the next generation. They’re thinking about student loans, home ownership (when they can afford it), and entrepreneurship. They’re not looking for a windfall; they’re looking to build something solid on their own.

What’s fascinating here is the mindset shift: Millennials see inheritance as a possible bonus, not the foundation of their financial plans. And they’re setting up their own estate plans with that same thought—thinking less about a windfall for future generations and more about teaching financial literacy, creating opportunities for growth, and making sure the people they leave behind have the tools to build their own financial futures.

A Whole New Approach to Legacy

In short, millennials are rewriting the playbook on estate planning. They’re thinking beyond the traditional boxes—rethinking wealth, inheritance, and what it means to leave a legacy. They’re more interested in living a meaningful life that reflects their values—whether that’s managing digital assets, contributing to causes they care about, or maintaining flexibility over their wealth distribution.

It’s a brave new world for estate planning professionals, who are learning quickly that to stay relevant, they need to offer services that meet the millennial generation where they are: online, on-the-go, and with an eye on the future. Inheritance isn’t dead—far from it. But it’s evolving, and the millennials are the ones leading the charge.

So, the next time someone tells you millennials are killing tradition, remind them—when it comes to estate planning, they’re not just breaking the mold. They’re creating a new one. And, like so many other things, they’re doing it their own way.

For more information about Rockpoint Probate Funding and its services, please visit www.rockpointprobate.com 

Media Contact:
Rockpoint Probate Funding
Dan Burks-Goodman
Marketing Director
424-502-4645 x 894
dbg@rockpointprobate.com
www.rockpointprobate.com 

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SOURCE Rockpoint Probate Funding

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Ontario Superior Court Awards Over $170 Million in Damages to Mutual Fund Investors in Landmark Class Action Decision

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July 18, 2026

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TORONTO, July 17, 2026 /PRNewswire/ — On July 16, 2026, Justice Markus Koehnen of the Ontario Superior Court of Justice ordered CI Mutual Funds Inc. and AIC Limited to pay Class Members damages and interest in excess of $170 million.

The Market Timing class action, commenced in 2006, alleged that certain mutual fund managers permitted sophisticated offshore hedge fund investors to engage in frequent trading in their funds, that substantially diluted the investment of long-term investors, including retail unitholders, many of whom were retirees.

Rochon Genova has represented the long-term investors since the inception of this case, including before the Supreme Court of Canada, on appeal from an earlier certification motion.  The Supreme Court certified the case in 2013. A subsequent case management order divided the trial into two phases: a trial in respect of liability, and a subsequent trial in respect of damages. The liability trial was held in February, March and June 2022.

On February 13, 2023, Justice Koehnen issued reasons for judgment in respect of the liability trial.  Justice Koehnen found that both CI and AIC breached their duty of care to prevent “market timing” in their funds. The liability decision, indexed as Fischer v. IG Investment, 2023 ONSC 915, is available here.

The damages trial was heard before Justice Koehnen between March 28 and May 16, 2025. Closing submissions were heard on July 30, August 6 and August 7, 2025. In total, Class Counsel spent 41 days in trial on liability (24 days) and damages (17 days). On June 16, 2026, Justice Markus Koehnen of the Superior Court of Justice issued reasons for judgment in respect of the damages trial.

The Court accepted the evidence of the Plaintiffs’ expert, Professor Eric Zitzewitz, and determined that the “Next Day NAV method” of calculating damages was the appropriate methodology to use, as it measures the specific harm that the time zone arbitrage at issue caused, harm referred to as dilution.

Justice Koehnen determined that the “profits method”, the method of calculating damages advocated for by CI’s expert, was not appropriate as it “measures the wrong thing”. The Court determined that on a balance of probabilities, the “prerequisites of using the profits method” had not been met.

Ultimately, with respect to CI, the Court awarded the Plaintiffs $60,480,000 in damages for the harm resulting from CI’s failure to take appropriate steps to prevent market timing by certain Identified Accounts.

The Court also awarded the Plaintiffs damages caused by specific Additional Accounts at CI that were identified by the Plaintiffs’ expert, Professor Zitzewitz, as having engaged in market timing that harmed the unit holders.

With respect to AIC, the Court awarded the Plaintiffs a total of $37,900,659 in damages, which includes damages caused by the Identified Accounts, and Additional Accounts at AIC that were identified by the Plaintiffs’ expert as having engaged in market timing. 

The Court determined the Plaintiffs are also entitled to pre-judgment interest in the amount of 2.8% per annum, to be applied to the damages figures set out above, in addition to costs against both Defendants.

Peter Jervis, a senior partner at Rochon Genova who led the prosecution of this case, stated: “The damages decision sends a clear message that those who fail to safeguard investors from harmful market practices will be held accountable. That this result was achieved after two decades of hard-fought litigation, is a testament to the perseverance of the Representative Plaintiffs and Class Counsel, and to the strength of our judicial system in delivering access to justice in complex cases.”

Joel Rochon, the Managing Partner of Rochon Genova added: “The decision is an important victory not only for the Class Members, but for the integrity of Canadian capital markets. Mutual funds are a cornerstone of the retirement savings of millions of everyday Canadians, and investors are entitled to expect that fund managers will protect them from practices that unfairly dilute the value of their investments.”

The Plaintiffs in this action were represented by Peter Jervis, Joel Rochon, Sarah Fiddes and Jessica Marshall.

For further updates, please visit Rochon Genova’s website here.

View original content:https://www.prnewswire.com/news-releases/ontario-superior-court-awards-over-170-million-in-damages-to-mutual-fund-investors-in-landmark-class-action-decision-302828857.html

SOURCE Rochon Genova

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Global Commercial Service Robot Shipments Leader KEENON Puts Humanoids to Work at WAIC 2026

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July 18, 2026

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SHANGHAI, July 18, 2026 /PRNewswire/ — At WAIC 2026, KEENON Robotics is bringing humanoid and specialized service robots onto the same stage—not as competing concepts, but as complementary forms of embodied intelligence working across complete commercial service workflows.

According to IDC, KEENON ranked first worldwide in commercial service robot shipments in 2025, while maintaining its leadership in the global delivery robot market. IDC also sees the industry moving toward a more diversified, multi-form future, where different robot types are deployed according to the needs of specific tasks and environments. KEENON first propose such strategy and WAIC showcase brings that trend to life.

At the booth, the newly introduced hotel laundry scenario demonstrates this approach most clearly. Humanoid robots complete operational tasks such as loading and operating washing machines, retrieving clean laundry, and folding garments, while the DINERBOT T9 supports the wider delivery workflow. Together, they show how humanoid and specialized robots can divide responsibilities and collaborate within a real hotel operation.

Beyond the hotel workflow, KEENON applies the same role-based approach to food and retail service. Drawing on years of customer insight from restaurants and stores, XMAN-R1 takes on front-of-house tasks that combine interaction with object handling—from preparing drinks with NOWWA Coffee to responding to customer requests in dessert and retail settings. Rather than presenting isolated demonstrations, these scenarios show how KEENON is extending proven commercial service workflows into new humanoid capabilities, with every task performed autonomously and without teleoperation.

Through its “general-purpose humanoid + specialized service robot” strategy, KEENON is building a practical path for embodied intelligence: humanoids take on flexible operation and interaction tasks, while specialized robots continue to handle high-frequency delivery and cleaning. At WAIC 2026, KEENON is showing not just more robot forms, but a more complete model for commercial deployment.

With more than 100,000 service robots deployed worldwide across over 70 countries and regions, KEENON has been recognized by global renown brands across various sectors and widely deployed at major brands like Burger King, Buffalo Wild Wings, Hilton, BMW, Lego etc. From 10 to 20+ robots operating in single venues like Hotel Around Pyeongchang to a mixed fleet of 8 robots across 6 types at facilities like Shangri-La’s Trader Hotel, making it world-first intelligent hotel with both humanoid and service robot, KEENON delivers proven multi-robot efficiency.

SOURCE KEENON Robotics Co., Ltd.

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MDT Introduces TMR1370 Ultra-Low-Power Magnetic Switch IC Enabling More Than Two Years of Standby Operation in CGM Devices

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July 18, 2026

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— Next-Generation TMR Magnetic Switch with Ultra-Low 50nA Maximum Supply Current Expands MDT’s Proven CGM Sensor Portfolio

ZHANGJIAGANG, China, July 18, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors and a pioneer in Tunneling Magnetoresistance (TMR) technology, today introduced the TMR1370 ultra-low-power magnetic switch IC, the newest addition to MDT’s magnetic sensing portfolio for continuous glucose monitoring (CGM) devices. Building on the proven TMR1367, TMR1368, and TMR1369 family, the TMR1370 delivers significantly lower power consumption, enhanced voltage compatibility, and a smaller package to enable next-generation CGM systems with ultra-long standby life.

Optimized for battery-powered CGM devices, the TMR1370 features a maximum supply current of only 50nA, with approximately 30nA typical at a 3V supply. When combined with the magnetic wake-up mechanism widely adopted in CGM devices, the TMR1370 enables more than two years of standby operation, helping extend product shelf life while preserving battery capacity for continuous glucose monitoring after activation.

The TMR1370’s exceptional power efficiency is enabled by MDT’s proprietary TMR technology platform, which combines advanced magnetic sensor design, optimized device architecture, and proprietary wafer process technology to achieve high magnetic sensitivity together with ultra-low power consumption. Complementing MDT’s existing X-axis and Z-axis CGM magnetic switch portfolio, the TMR1370 gives system designers greater flexibility to optimize sensor orientation and mechanical layout for a wide variety of CGM architectures while enabling easy migration from previous-generation devices.

Key Features

Enables more than two years of standby operation in battery-powered CGM devices.50nA maximum supply current, approximately 30nA typical at 3V.Wide 1.8V to 4.0V operating-voltage range.Maximum operating point below 40 Gauss for reliable magnetic wake-up detection.X-axis magnetic sensing optimized for compact CGM designs.Miniature DFN5L package (1.6×1.6×0.5mm) for thinner and lighter wearable medical devices.Complements MDT’s proven X-axis and Z-axis CGM magnetic switch portfolio for flexible system design and simplified migration.

Samples of the TMR1370 are available through DigiKey and MDT’s online store at www.tmr-sensors.com. For volume pricing, delivery information, and technical specifications, contact MDT Global Sales at sales@dowayusa.com.

About MDT
MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices in Shenzhen, Chengdu, and Ningbo in China, Singapore, Tokyo, Japan, and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and its self-owned state-of-the-art TMR manufacturing facilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
MDT sales department, sales@dowayusa.com, sales@dowaytech.com
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)

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SOURCE MultiDimension Technology Co., Ltd.

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