Inheritance in Contemporary America The Social Dimensions of Giving across Generations / Jacqueline L. Angel.

Format:

Book

Author/Creator:

Angel, Jacqueline Lowe.

Language:

English

Subjects (All):

Older people--Health and hygiene--United States.

Older people.

Older people--Care--United States.

Older people--Family relationships--United States.

Estate planning--United States.

Estate planning.

Inheritance and transfer tax--United States.

Inheritance and transfer tax.

Wealth--United States.

Wealth.

Inheritance and succession--United States.

Inheritance and succession.

Genre:

Electronic books.

Physical Description:

1 online resource (xiii, 177 p. ) ill. ;

Place of Publication:

Baltimore : Johns Hopkins University Press, 2008.

Language Note:

English

Contents:

The story of inheritance: intergenerational giving in aging America

Trends in wealth transfers

The aging American family

The inheritance revolution

The origins of our inheritance laws

Early America

Forging a new path: women and inheritance laws

Inheritance in modern America

Family and inheritance changes

Decisions about inheritance

The political realities of retirement security

Who is going to care for us?

The political economy of giving and receiving

The legacy of the modern welfare state

The dilemma

Employer pension versus personal savings

Cross-national research

Dimensions of giving between generations

The joy of giving

Theoretical perspectives on money: good versus evil?

Contemporary studies of money

Gifts as assistance

Contextualizing gift giving

Simply love

Fellowship for funds

Giving, not receiving

The family life cycle and inheritance

Money memories: narratives of the meaning of giving and receiving

History lessons

The silent generation

Baby boomers

Expanding obligations equal shrinking inheritances

Drawing down assets

Deciding too late or not at all

Family disagreements

Background on the interviews

Early beginnings of family dynamics and money

Money as a gift

Money with strings attached

How money matters

The costs of wealth

A guarded secret

The value of gifts

Contemporary values and beliefs regarding intergenerational transfers

It isn't just money

Family values and ideologies

Leaving a legacy

Transferring assets

Inter vivos exchanges

Children helping parents

Choosing inheritance

Challenges to family ideologies

To give or not to give, that is the question

Leaving a legacy: personal security, family obligations, and the state

The effects of public policy on family gift giving

How estate taxes vary

Estate taxes and exemptions

Estate planning for the family

Private long-term care insurance

Estate recovery and related long-term care financing issues

Inter vivos transfers and inheritance

The impact of gift giving on the family: what helps? What hurts?

Myths and realities of making a will

Inheritance and the next generation of old-age policies

The new status quo

Sorting out the debate

Possible scenarios

The politics of social security reform

The face of the future workforce

Policy options: public, private, and combined

Health care insecurity

Implications and conclusions

Summary and new directions for research

The demography of gift giving in late life

Should women worry about their retirement?

Generational differences: money memories and family ideology

An agenda for future research

Appendix A. Methodology

Appendix B. Questions used in semistructured in-depth interview

Bibliography

Index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. [151]-172) and index.

Description based on print version record.

ISBN:

1-4214-0168-1

OCLC:

652294482

Access Restriction:

Open Access Unrestricted online access