One of the more interesting studies I have seen in recent years was one done by Russell N James III, J.D., Ph.D. who currently is a professor at Texas Tech University in Lubbock.
He did a thorough study on American Charitable Bequest Demographics (1992-2012) using primarily information from the Health and Retirement Study (HRS) sponsored by the National Institute on Aging and administered by the University of Michigan. Some of the findings of interest are noted below:
—Approximately 83.5% of realized bequests come from donors dying at age 80 or over so this is the key population demographic to watch. …read more
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