Campden Family Business: Many wealthy baby boomers are considering not leaving their children an inheritance in favour of giving their money to charity. That’s one of the findings of research by US Trust, part of the global wealth and investment management unit of Bank of America, which looked at 642 Americans with at least $3 million (€2.36 million) in investible assets and found big variations in how different generations view wealth transfer.
Full story: http://www.campdenfb.com/article/rich-parents-reluctant-leave-wealth-children