By Dr. Corey Allan
Post written by Home and Family columnist Beth LaMie.
Which do you think people value more: a financial or non-financial inheritance?
Or, to put it another way, if you lost a loved one, what legacy would you want to have from them?
The statistics may surprise you. A few years ago, Allianz Life Insurance Company of North America conducted a survey of over 2600 baby boomers and elders.
According to the survey, participants felt a non-financial legacy was 10 times more important than money and other assets. Think about that; the response overwhelmingly favored a personal heritage over worldly goods, values over valuables.
77% of boomers and elders personally felt values and life experiences were very important parts of an inheritance. How exciting to realize... More...