Tuesday, October 09, 2007

Salinas Californian - www.thecalifornian.com - Windfall needn't be downfall

Salinas Californian - www.thecalifornian.com - Salinas, CA: "According to the Center on Wealth and Philanthropy at Boston College, an estimated $41 trillion will pass between generations by the year 2055. For many people who have never given any thought to what they might do with an inheritance, even if it's a modest amount of cash, the gift will seem like a burden rather than a blessing. Often, anxiety and guilt increase in proportion to the amount of money involved. In fact, substantial inheritances that can truly be considered life-changing sums of wealth can spark financial and emotional reactions that make it difficult to set goals and make financial decisions."

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