4 ms·
Honestly, I would expect the average to be higher, but maybe the truly large inheritances are shielded as trusts or hidden off-shore. But now I'm curious what
by michael1999 5y ago
Honestly, I would expect the average to be higher, but maybe the truly large inheritances are shielded as trusts or hidden off-shore.
But now I'm curious what the median inheritance is for the 1%? Lower than that (mathematically) but is it $0? I might take that bet. But the SCF doesn't seem to go finer than the 1% bucket. Anyone know?
https://www.federalreserve.gov/econres/notes/feds-notes/wealth-and-income-concentration-in-the-scf-20200928.htm https://www.federalreserve.gov/econres/notes/feds-notes/weal...