|Title||Health, Wealth, and Charitable Estate Planning: A longitudinal examination of testamentary charitable giving plans|
|Publication Type||Journal Article|
|Year of Publication||2009|
|Authors||James, III, RN|
|Journal||Nonprofit and Voluntary Sector Quarterly|
Anticipated generational wealth transfers hold much potential for nonprofits. However, a weighted cross-sectional analysis of 18,469 respondents in the 2006 Health and Retirement Study (HRS) and data from respondents dying between the 2004 and 2006 HRS waves indicated that 88 to 90.5 of donors ( 500/year) more than the age of 50 will die without a charitable bequest. Cross-sectional probit analysis of the 2006 HRS and longitudinal conditional fixed-effects logistic analysis of the 1995-2006 HRS indicated that charitable estate planning was positively associated with age, wealth, education, religious attendance, volunteering, charitable giving, and the absence of children or grandchildren. In all specifications, the absence of children was a dominant predictor of charitable estate planning.
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