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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: No Inheritance for BabyBoomers' Children Date: 9/6/2011 4:44 AM
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Heck, the way things are going, there'll be no inheritance for the Baby Boomers, much less their children.

http://www.latimes.com/business/fi-la-boomer-inheritance-201...

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.

</snip>


intercst
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