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Childless Adults Lead to Rise of Surprise Inheritances.

Authors :
Arbel, Tali
Source :
Wall Street Journal - Online Edition. 10/3/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

The article discusses the rise of surprise inheritances and how childless adults are contributing to this phenomenon. It highlights that not having children is becoming more common, and many of these individuals do not have wills, resulting in their money ending up in the hands of unexpected beneficiaries. The article also explores how people without children are choosing to leave their estates to charities, friends, extended family, and even pets. It emphasizes the importance of estate planning for childless individuals and the challenges they may face in choosing executors and making decisions about their future care. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
180042170