Do your children expect an inheritance? - AmericaNowNews.com

Do your children expect an inheritance?

  • Do your children expect an inheritance?More>>

  • Smart ways to spend an inheritance

    Smart ways to spend an inheritance

    If you're fortunate enough to get an inheritance, here's what Money Expert Nathan Bachrach suggests you do with it.
    If you're fortunate enough to get an inheritance, here's what Money Expert Nathan Bachrach suggests you do with it.
  • Fewer leaving inheritances

    Fewer Boomers leaving inheritances

    If you're counting on an inheritance from your baby boomer parents, you may be in for a rude awakening.  Wealth management firm "US Trust" just surveyed 457 high-net-worth boomers. That means boomers with
    If you're counting on an inheritance from your baby boomer parents, you may be in for a rude awakening.

A new study from TD Ameritrade finds 40% of Generation "Z", people aged 13 to 22, expect to get an inheritance. On the flip side of the equation -- just 16% of those kids' parents said they expect to give one.

Part of that is driven by finances. Many portfolios are still coming back from the big hit they took during the recession. Rising health care cost aren't helping, either. It's also philosophical. Among adults with at least $100,000 invested, nearly 60% said that leaving an inheritance wasn't a primary concern.

42% said saving for retirement topped their list. The bottom line is never count on an inheritance, even if your parents have the money, they may not leave it to you. It's better to make your own way and be pleasantly surprised than count on money that may never materialize.

Copyright 2013 America Now. All rights reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Physicians warn against giving melatonin to children

    Physicians warn against giving melatonin to children

    Parents desperate to get their troubled sleepers to bed are turning to synthetic melatonin, which is a supplement sold over the counter. But expert warn it could have adverse effects on child development.
    Many adults turn to sleep aids like melatonin, but now more parents are giving them to their kids, too. We talked to physicians to see what they had to say about how it could affect your child's development.
  • Six deadly foods for dogs

    Six deadly foods for dogs

    Every pet owner knows a dog can get into just about anything around the house. One woman found that out the hard way when her dog ate a bunch of grapes! Turns out, that's one of the most dangerous foods
    Every pet owner knows a dog can get into just about anything around the house. But these common snacks could be fatal for Fido.
  • Don't Waste Your Money: Best and worst casino game odds

    Don't Waste Your Money: Best and worst casino game odds

    Monday, May 6 2013 2:45 PM EDT2013-05-06 18:45:09 GMT
    Before your next visit to the casino, you may want to know which games give you the best chance of winning.
    It has been almost a year since the opening of Toledo's Hollywood Casino, and Ohio is still buzzing over games with additional new casinos in Cleveland and Columbus. Before you go, you may want to know which games give you the best chance of winning.
Powered by WorldNow