called "Dying Broke" in
July/Aug.95, begins: "An anti-inheritance backlash
is taking root. It's too early to call this fledgling intellectual
movement a trend. But it should prove of more significance
than any one-time transfer of wealth--no matter how large."
authors interview parents who proudly choose to die with
no money in their estates. They cite the drawbacks both
to family and society of the accepted "culture of inheritance,"
and the many benefits of dying broke--not the least of which
is enjoying one's money more, and being alive to see one's
article also includes a thumbnail sketch of the financial
planning steps that prudent "die-brokers" might
want to consider.
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