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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (67405)8/13/2005 3:04:27 PM
From: Moominoid  Read Replies (3) of 74559
 
There was a an article in the NYT recently about grandparents helping with their grandchildrens' education and lifestyle etc.

I'd be curious to find out about trends in intergenerational wealth transfer and social class and ethnic origin. what differences there are and how things are changing. I've been looking on the web and can't find anything useful. Some families think that you only get anything when the previous generation dies but then they try to transfer a lot. Others think the next generation should get nothing and spend it all (fair enough if they earnt it themselves) or give it to the more deserving (charity). And others try to help out along the way if they have the wealth. Some help too much as you are saying.
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