Kiplinger's reports:
If you're waiting for an inheritance from Mom and Dad in the years ahead, chances are you'll still be waiting. Despite all the headlines heralding the Greatest Wealth Transfer Ever, nothing of the sort has happened and the experts who analyze family finances say that it's not likely to. "It's not an upbeat picture," says John Gist, who has analyzed extensive Federal Reserve survey data for AARP's Public Policy Institute.
As WCT highlighted a few months ago, what philanthropy researchers predicted may turn out to be something of a hoax.