Can you count on an inheritance to bail you out?

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A common theme in the discussion of the country’s economic future is that having so many seniors in the population will drain the nation’s financial resources.

But there is another way to look at it. Seniors could be the lifesavers for many financially trouble households.

A study from Canada says seniors there have $1 trillion to pass on to their heirs. The figure in the U.S. is obviously much higher

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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