|Title||Three essays investigating the bequest intentions and expectations of older adults|
|Year of Publication||2021|
|University||Kansas State University|
Most wealth transfers occur at death, rather than during life, and children are the primary recipients of an inheritance upon the passing of a surviving spouse. Given these factors, this dissertation investigates older adults’ intentions and expectations of making a bequest to their children. The first essay explores the relationship between positive and negative social support with parents’ intentions of making a bequest. The second essay investigates a possible link between parents’ personality traits and the intention to make unequal bequests. The third essay researches the association between changes in wealth and a change in bequest expectations during and following the Great Recession. Data are collected from the Health and Retirement Study (HRS), a longitudinal study of over 43,000 U.S. adults over age 50.