Susumu Yoshioka/Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. The great wealth transfer is taking place, but it's not landing in the pockets of the supposed heirs. Costly long-term elder care is putting a major dent in the trillions of dollars in wealth held by boomers that's been earmarked for their Gen X and millennial children. Zach Hefferen wrote about the high costs of caring for his fathe