Study Shows Women and Younger Inheritors More Worried About Inheriting Wealth

Campden Wealth and Morgan Stanley Private Wealth Management recently conducted a study on wealth transfer. The study found that younger family members who stand to inherit wealth have a different view than older members, and that there is a difference between how men and women perceive a wealth transfer as well.  

79% of the respondents indicated that they wanted to be good stewards of their families’ wealth. Only 14% of younger inheritors between the ages of 30-39 are genuinely happy with their families’ plans for wealth transfer while over 14 % of over 43% of respondents in their forties.

More women than men are more concerned that inheriting wealth will change their relationship with spouses, partners, and friends. 22% of women also worried about being taken advantage of by unscrupulous people. 

See Donna Mitchell, Younger Inheritors, Women Concerned About Pitfalls of Wealth, FinancialPlanning.com, May 8, 2012.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.