Empirical Research on How the Elderly Handle Their Estates

TitleEmpirical Research on How the Elderly Handle Their Estates
Publication TypeJournal Article
Year of Publication1996
AuthorsO'Connor, C
JournalGenerations
Volume20
Issue3
Pagination13-20
KeywordsAdult children, Net Worth and Assets
Abstract

This article examines past research for its insight into the legacies that people leave and the personal preferences they hold for the distribution of their estates. For the most part, the findings of the research examined are very intuitive. Most people do not have wills. Those that do are generally older, wealthier, more educated, and tend to give the bulk of their estates to spouses and children. In order to provide a complete picture of legacy, future research must take into account modern day relationships and lifestyles.

Endnote Keywords

Wills/Economic Status/Family transfers, structure/Family Relations

Endnote ID

8176

Citation Key6560