Majority of Canadians Expect Inheritance
A new survey provides interesting insights into the attitudes of Canadians with respect the estimated $1-trillion dollar transfer of wealth forecasted to occur in the next 20 years. According to the survey, 53 per cent of Canadians are expecting some form of an inheritance. While the majority of Canadians believe that they will receive an inheritance, expectations decline with age: 80 per cent of Canadians aged 18-29 years ("Generation Y") expect an inheritance, whereas 62 per cent of Canadians aged 30-44 years ("Generation X") and only 48 per cent of...
Published By: Justia - Tuesday, 14 February