Wills, wealth, and race

Aubry, Jean-Pierre, and Gal Wettstein. “Wills, wealth, and race”. Issue in Brief 23-17, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, August 2023. http://hdl.handle.net/2345/bc-ir:109773.
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Abstract

The brief's key findings are: (1) The analysis explores how receiving an inheritance, having a will, and planning and realizing a bequest are interrelated and vary by race. (2) Black and Hispanic individuals are less likely to get an inheritance, have a will, and plan to leave a bequest. (3) Among those who do plan to leave a bequest, Black and Hispanic individuals are less likely to realize their bequest target. (4) However, having a will increases the chances of achieving one's bequest target, offering a potential way to improve the situation.

Title
Wills, wealth, and race
Author
Aubry, Jean-Pierre
Wettstein, Gal
Center
Center for Retirement Research
Genre
report
Date Issued
August 2023
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
23-17
Persistent Link
http://hdl.handle.net/2345/bc-ir:109773
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Racial Disparities
Financing Retirement

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