Tag: wills
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…
We have been looking at the importance of wills in the transfer of wealth from one generation to another. Our most recent study, using data from the Health and Retirement Study (HRS), looks at the extent to which receiving an inheritance increases the likelihood of planning to leave a bequest and having a will, and…
