Tag: home equity
The number of U.S. households ages 70 and over who have written a will has been dropping for at least 20 years, to about two-thirds today. But a new study that looks under the hood of estate planning in this country shows that the matter of whether someone has a will often comes down to…
The historic discrimination that has limited the ability of older Black Americans to accumulate wealth has been present in every aspect of the housing market. They have paid a steep price. By the time they reached their mid-50s, they had $90,000 in home equity – or about $57,000 less than White homeowners – according to…
