Health, Wealth, and Charitable Estate Planning: A longitudinal examination of testamentary charitable giving plans

TitleHealth, Wealth, and Charitable Estate Planning: A longitudinal examination of testamentary charitable giving plans
Publication TypeJournal Article
Year of Publication2009
AuthorsJames, III, RN
JournalNonprofit and Voluntary Sector Quarterly
Volume38
Issue6
Pagination1026
Call Numbernewpubs20091202_NVSQ-Charitable.pdf
KeywordsAdult children
Abstract

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.

Endnote Keywords

Bequests/Estate Values

Endnote ID

21330

Citation Key7382