Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Friday, September 20, 2013

Americans Pessimistic About Inheriting

Disappoint

According to a recent survey by Interest.com, only 27% of those ages 18-59 expect to receive an inheritance from their parents or family members.  And about half of those who do believe they will receive an inheritance believe it’ll be under $100,000.

But according to Derek Gabrielsen from Strategic Wealth Partners, these people may be too pessimistic.  Because the baby boomer generation is expected to be the largest wealth transfer in American history, he estimates over half of those 73% nonbelievers will receive some kind of inheritance.

See Martha C. White, After Recession, Few Americans Expect to Inherit Money, CNBC, Sept. 17, 2013.

Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2013/09/americans-pessimistic-about-inheriting.html

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