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|Subject: No Inheritance for BabyBoomers' Children||Date: 9/6/2011 4:44 AM|
|Author: intercst||Number: 69546 of 75383|
Heck, the way things are going, there'll be no inheritance for the Baby Boomers, much less their children.
In a survey of millionaire boomers by investment firm U.S. Trust, only 49% said it was important to leave money to their children when they die. The low rate was a big surprise for a company that for decades has advised wealthy people how to leave money to their heirs.
"We were like 'wow,'" said Keith Banks, U.S. Trust president.
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