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To: Dale Baker who wrote (35193)	10/15/2003 12:39:10 AM
From: Sultan	of 118717

OT Parents are spending their kids' inheritance The trillions baby boomers were expecting are shrinking fast. Longer lives and rising health-care costs mean many seniors are less able -- or less inclined -- to leave bequests. By Christian Science Monitor The e-mail from Daisy Granger's parents came as an unpleasant -- even jarring -- surprise to her and her three brothers. "We just want you all to know," their 66-year-old father wrote, "that you should not expect an inheritance after we pass. We might leave something, but it's more likely we will spend it to maintain our lives as we wish for the next 20 or 25 years. . . . " Granger's father may have been more direct than most parents about it, but in one way or another, thousands of would-be heirs are getting a similar message: Don't plan on an inheritance. With expected life spans stretching longer and longer and the cost of health care skyrocketing, the idea of parents leaving largesse behind is becoming secondary to their using it to live as comfortably as possible. Message 19402614

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