Americans Pessimistic About Inheriting

Accordingto a recent survey by Interest.com, only 27% of those ages 18-59 expect toreceive an inheritance from their parents or family members.  And about half of those who do believe theywill receive an inheritance believe it’ll be under $100,000.

But according to Derek Gabrielsen from Strategic Wealth Partners, these people maybe too pessimistic.  Because the babyboomer generation is expected to be the largest wealth transfer in Americanhistory, he estimates over half of those 73% nonbelievers will receive somekind of inheritance.

See Martha C. White, AfterRecession, Few Americans Expect to Inherit Money, CNBC, Sept. 17, 2013.

Special thanks to David S. Luber (FloridaProbate Attorney) for bringing this article to my attention.