
Inheritance in Contemporary America
The Social Dimensions of Giving across Generations
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Inheritance in Contemporary America
The Social Dimensions of Giving across Generations
About this book
With the baby boom generation on the cusp of retirement, life expectancies on the rise, and the nation's cultural makeup in flux, the United States is faced with social and policy quandaries that demand attention. How are elders to balance the competing claims of helping family members during their lifetime, saving for old age, and planning estates? What roles should the state, family, and individuals play in supporting people during later life? Are new familial gift-giving trends sustainable, and, if so, what effects might they have on future generations?
Inheritance in Contemporary America tackles the complex legal, policy, and emotional issues that surround bequests and inheritances in an era of increasing longevity, broadening ethnicity, and unraveling social safety nets. Through empirical analyses, case studies, interviews, and anecdotes, Jacqueline L. Angel explains the historical nature of familial giving and how it is changing as the nation's demographics shift. She explores the legal, personal, and policy complexities involved in passing wealth down through generations and provides a cross-disciplinary context for exploring the indelible effects that newly unfolding inheritance practices will have on various societal cohorts and the nation in general.
From nuclear and extended families to the state and nongovernmental bodies, Angel's engaging study explores how attitudes toward giving are evolving and confronts in stark terms the legacy that these shifts in attitude will leave. This book will be a vital tool for scholars and practitioners in gerontology, sociology, psychology, anthropology, economics, political science, and public policy.
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Information
Table of contents
- Cover
- Title Page
- Copyright Page
- Dedication
- Contents
- Preface
- 1 The Story of Inheritance: Intergenerational Giving in Aging America
- 2 The Inheritance Revolution
- 3 The Political Realities of Retirement Security
- 4 Dimensions of Giving between Generations
- 5 Money Memories: Narratives of the Meaning of Giving and Receiving
- 6 Contemporary Values and Beliefs regarding Intergenerational Transfers
- 7 Leaving a Legacy: Personal Security, Family Obligations, and the State
- 8 Inheritance and the Next Generation of Old-Age Policies
- 9 Summary and New Directions for Research
- Appendix A. Methodology
- Appendix B. Questions Used in Semistructured In-Depth Interview
- Bibliography
- Index
- Footnote