Bequests Inheritances And Family Traditions
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Bequests Inheritances And Family Traditions
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Author : Donald Cox
language : en
Publisher:
Release Date : 2009
Bequests Inheritances And Family Traditions written by Donald Cox and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Do quot;family traditionsquot; influence bequest behavior? If an individual receives an inheritance from his parents, is he more likely to give a bequest to his children, even after controlling for the boost in wealth conferred by the inheritance? Family traditions are pertinent to a host of issues connected with intergenerational transfers: Ricardian equivalence and crowding out, the role of bequests in wealth accumulation, and the responsiveness of bequests to tax changes. Traditions also matter for issues related to behavioral economics, such as mental accounts, social learning, and the intergenerational transmission of values. Partially due to the paucity of data, few studies to date have analyzed bequests in conjunction with inheritances. We draw upon the U.S. Health and Retirement Survey, one of the few data sets with comprehensive information on both bequests and inheritances. We find that receipt of inheritances and intended bequests are positively and significantly related (both behaviorally and statistically) even after controlling for a host of household characteristics, most importantly household net worth. Discerning how to label this partial correlation is a daunting task. We provide a precise definition of quot;family traditionsquot; and we show how they differ from other channels of influence. Our explanation of the nuances of traditions hinges on measuring the flexibility of bequest plans when wealth or other circumstances change. (For instance, will a wealth shortfall have a smaller impact on an inheritor who may be attempting to carry on a family tradition?) We find evidence in support of the idea that the propensity to bequeath out of wealth differs depending upon whether current wealth is large or small relative to inheritances received. We conclude that economists interested in intergenerational transfers should pay attention to the role of family traditions in bequest behavior.
Inheritance And The Right To Bequeath
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Author : Hans-Christoph Schmidt am Busch
language : en
Publisher: Taylor & Francis
Release Date : 2022-09-21
Inheritance And The Right To Bequeath written by Hans-Christoph Schmidt am Busch and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-21 with Law categories.
In every Western democracy today, inheritances have a very profound influence on people’s lives. This motivates renewed scholarship on inheritance law by philosophy and the legal sciences. The present volume aims to contribute to some ongoing areas of inquiry while also filling some gaps in research. It is organized in a highly interdisciplinary way. In the thirteen chapters of the book, written by outstanding philosophers and legal scholars, the following questions, among others, are discussed: What is the nature of the right to bequeath? What are the social functions of bequest and inheritance? What arguments concerning justice have philosophers and legal scholars advanced in favour or against practices of bequest and inheritance? How should we think about taxing the wealth transfers that occur in bequest and inheritance? In discussing these questions, the authors break new ground and offer much needed insight into several related domains, such as the philosophy of law; legal theory; general and applied ethics; social and political philosophy; theories of justice; and the history of legal, political, and economic thought. This book will be of great interest to scholars in these areas as well as policy-makers.
Is Inheritance Legitimate
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Author : Guido Erreygers
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09
Is Inheritance Legitimate written by Guido Erreygers and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.
The debate on inheritance and inheritance taxation has always been linked with the " efficiency versus equity issue". Some consider inheritance taxes as highly appropriate means to bring forth more economic equality, especially equality in starting conditions. Others openly doubt the effectiveness of inheritance taxes in this domain, and point out that the negative effects may outweigh the positive. Some go as far as to say that high inheritance taxes threaten fundamental ethical values and should therefore be abolished. In this book both economists and philosophers try to disentangle these and related theoretical issues. It gives an overview of what economists and philosophers have to say on the matter, and confronts and discusses two radically opposed reform proposals.
Inheritance In Contemporary America
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Author : Jacqueline L. Angel
language : en
Publisher: JHU Press
Release Date : 2008-01-28
Inheritance In Contemporary America written by Jacqueline L. Angel and has been published by JHU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-28 with Medical categories.
With the baby boom generation on the cusp of retirement, life expectancies on the rise, and the nation’s cultural makeup in flux, the United States is faced with social and policy quandaries that demand attention. How are elders to balance the competing claims of helping family members during their lifetime, saving for old age, and planning estates? What roles should the state, family, and individuals play in supporting people during later life? Are new familial gift-giving trends sustainable, and, if so, what effects might they have on future generations? Inheritance in Contemporary America tackles the complex legal, policy, and emotional issues that surround bequests and inheritances in an era of increasing longevity, broadening ethnicity, and unraveling social safety nets. Through empirical analyses, case studies, interviews, and anecdotes, Jacqueline L. Angel explains the historical nature of familial giving and how it is changing as the nation’s demographics shift. She explores the legal, personal, and policy complexities involved in passing wealth down through generations and provides a cross-disciplinary context for exploring the indelible effects that newly unfolding inheritance practices will have on various societal cohorts and the nation in general. From nuclear and extended families to the state and nongovernmental bodies, Angel’s engaging study explores how attitudes toward giving are evolving and confronts in stark terms the legacy that these shifts in attitude will leave. This book will be a vital tool for scholars and practitioners in gerontology, sociology, psychology, anthropology, economics, political science, and public policy.
Succession In The Muslim Family
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Author : N. J. Coulson
language : en
Publisher: Cambridge University Press
Release Date : 1971-07-02
Succession In The Muslim Family written by N. J. Coulson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971-07-02 with Social Science categories.
Muslim law and rules for dealing with the distribution of a dead person's property differ greatly from western law. The system of Muslim law, the SharVa, is derived from the Qur'an and the words of the Prophet himself, and is therefore believed to be of divine inspiration, and not man-made. A variety of schools of law have grown up which interpret the Prophet's sayings, and the practical effect of these different rules of interpretation varies considerably. Recent codifications have not necessarily remained within the classical Muslim legal traditions, and have introduced further differences. With western law it is assumed that a man will make a will, and, broadly speaking, his property will be distributed in accordance with its provisions. It is only in the event of a man dying without making a will that the rules of intestacy are applied. Muslim law makes the opposite assumption.
Death Deeds And Descendents
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Author : Remi Clignet
language : en
Publisher: Routledge
Release Date : 2018-02-06
Death Deeds And Descendents written by Remi Clignet and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-06 with Social Science categories.
Clignet's analysis of inheritance patterns in modern America is the first sustained treatment of the subject by a sociologist. Clignet shows that even today inheritance serves to perpetuate both familial wealth and familial relations. He examines what leads decedents to chose particular legal instruments (wills, trusts, insurance policies, gifts inter vivos) and how, in turn, the instrument chosen helps explain the extent and the form of inequalities in bequests, of a result of the gender or matrimonial status of the beneficiaries. The author's major is to identify and explain the most significant sources of variations in the amount and the direction of transfers of wealth after death in the United States. He uses two kinds of primary data: estate tax returns filed by a sample of male and female beneficiaries to estates in 1920 and 1944, representing two successive generations of estate transfers, and publicly recorded legal instruments such as wills and trusts. In addition, Clignet draws widely on secondary sources in the fields of anthropology, economics, and history. His findings reflect substantive and methodological concerns. The analysis underlines the need to rethink the sociology of generational bonds, as it is informed by age and gender. Death, Deeds, and Descendants underscores the variety of forms of inequality that bequests take and highlights the complexity of interrelations between the cultures of the decedents' nationalities and issues like occupation and gender. Inheritance is viewed as a way of illuminating the subtle tensions between continuity and change in American society. This book is an important contribution to the study of the relationship between sociology of the family and sociology of social stratification.
Family And Gender In Renaissance Italy 1300 1600
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Author : Thomas Kuehn
language : en
Publisher: Cambridge University Press
Release Date : 2017-03-24
Family And Gender In Renaissance Italy 1300 1600 written by Thomas Kuehn and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-24 with History categories.
This book studies family life and gender within Italy through the lens of law and legal disputes.
Inheriting As People Think It Should Be
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Author : Jacqueline J. Goodnow
language : en
Publisher: IAP
Release Date : 2013-06-01
Inheriting As People Think It Should Be written by Jacqueline J. Goodnow and has been published by IAP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-01 with Law categories.
What obligations to each other do people have or think they have? That question comes up in relation to family and marriage relationships, to law, and to moral reasoning. This novel and highly readable book takes it up in relation to inheritances: to what people think they should leave or be left, who should receive what, when, how, and why. Making the book novel is its range. Here are views about more than money. Covered are also houses, land and, an often neglected but emotion-laden area, the personal and often indivisible things that mean one is remembered as an individual. Making it novel also is its emphasis throughout on meanings and on what people see as matters of choice or flexibility. Even in countries where the legal codes specify who should receive what after death (many European and most Islamic codes allow far less choice than British-based law does), people still have room for decisions about what they give away to various heirs or spend before death. What makes the book highly readable? One reason is its timeliness. Currently lively, for example, are debates over parents balancing their own needs and wishes against those of their children (“spending the kids’ inheritance”, in one description). Another is the book’s style. The writing is straightforward. Theory is not neglected but there is an absence of jargon. The material is also mostly based on narratives: on people’s own descriptions of arrangements that “worked well” or “did not work well” and on why they thought so. That base makes the book far from dry and far from being an account only of negative feelings, objections, challenges, and family rifts. It also makes it more relevant at times of indecision or misunderstanding. In short, a book for many readers, both within the social sciences and beyond it.
Housing Care And Inheritance
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Author : Misa Izuhara
language : en
Publisher: Routledge
Release Date : 2008-09-30
Housing Care And Inheritance written by Misa Izuhara and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-30 with Architecture categories.
Drawing on the author’s long-standing research into housing issues surrounding the ageing society, this book examines this phenomenon which is now a concern in many mature economies.
Seduced For The Inheritance
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Author : Jennifer Lewis
language : en
Publisher: Silhouette
Release Date : 2007-10-01
Seduced For The Inheritance written by Jennifer Lewis and has been published by Silhouette this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-01 with Fiction categories.
How long could she deny him? She was the cook's plain-Jane daughter. He was the estate owner's privileged son. But now Anna's beloved mother and Reynaldo DeLeon's wealthy father were gone, their clandestine affair exposed. And Anna, who'd secretly loved the gorgeous DeLeon heir, suddenly owned a piece of his family's estate. Which Reynaldo wanted back at any cost. He upped his price with every no that came from Anna's lips. Until her lips could refuse him no longer—