Generational jeopardy? Parents' marital transitions and the provision of financial transfers to adult children.

TitleGenerational jeopardy? Parents' marital transitions and the provision of financial transfers to adult children.
Publication TypeJournal Article
Year of Publication2011
AuthorsShapiro, A, R Remle, C
JournalJ Gerontol B Psychol Sci Soc Sci
Volume66
Issue1
Pagination99-108
Date Published2011 Jan
ISSN Number1758-5368
KeywordsAdolescent, Adult, Adult children, Aged, Divorce, Female, Financial Support, Humans, Intergenerational Relations, Male, Marriage, Middle Aged, Prejudice, Retirement, Widowhood, Young Adult
Abstract

<p><b>OBJECTIVES: </b>Transitions into and out of marriage are becoming more commonplace among persons in middle and later life. We assess the extent to which parental marital transitions influence inter vivos financial transfers to adult children at the family level.</p><p><b>METHODS: </b>Panel data from 6,017 households with adult children in the 1992-1998 waves of the Health and Retirement Study are analyzed in this study.</p><p><b>RESULTS: </b>Net of familial characteristics, those families experiencing a parental marriage were less likely than stably married households to make a financial transfer to an adult child. The effects of divorce or widowhood were modest. Divorce was associated with a slight increase in the probability of providing a transfer. Widowhood was associated with a slight increase in the total amount transferred to children.</p><p><b>DISCUSSION: </b>The study adds weight to the growing argument that marital transitions may alter intergenerational exchanges. The results prompt us to further question how broader demographic and marriage patterns will influence relationships between parents and children in aging societies.</p>

URLhttp://psychsocgerontology.oxfordjournals.org/content/early/2010/03/02/geronb.gbq010.abstract
DOI10.1093/geronb/gbq010
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/20197303?dopt=Abstract

Endnote Keywords

Divorce/Family structure/Intergenerational exchange/Marriage/Widowhood/INTER-VIVOS TRANSFERS/INTERGENERATIONAL EXCHANGES/FAMILY-STRUCTURE/DIVORCE/RETIREMENT/SUPPORT/WIDOWHOOD/HEALTH/MIDLIFE

Endnote ID

25360

Alternate JournalJ Gerontol B Psychol Sci Soc Sci
Citation Key7534
PubMed ID20197303