Monday, June 19, 2006

The Marietta Times: Windfall could be big problem

The Marietta Times: Windfall could be big problem: "Windfall could be big problem

By Sam Shawver,

A rich relative dies and leaves you $1 million. What would you do with all that money?

Between 1998 and 2052, an unprecedented transfer of wealth totaling more than $41 trillion is expected to take place in the United States, according to a study by the Boston College Center on Wealth and Philanthropy.

At one time or another, everyone has daydreamed about coming into a lot of money.

“You didn’t earn it, so you should use it to help others,” is the opinion of Gail Howell, 61, of New Matamoras.

“I would give some to a place like the San Diego Zoo, where it would continue to provide enjoyment and education for children and their parents,” she said.

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