Nearly Half of Baby Boomers Don’t Plan to Pass Money to Next Gen, UST Survey Says
Only about half of wealthy baby boomers say they plan to pass along a financial inheritance to their children, based on a combination of rising health care costs, a shaky economy, and the desire to make children work for their wealth, according to a 2012 Insights on Wealth and Worth survey from US Trust. Viewing the remainder of this article requires a Subscription
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