630-466-1600

160 S. Municipal Dr. Suite 100, Sugar Grove, IL 60554

Subscribe to this list via RSS Blog posts tagged in Inheritance Strategies

Posted on in Estate Planning

young adult inheritance, Kane County estate planning lawyerFor years, the traditional age of inheritance has been 18. However, research may give some people a reason to rethink conventional wisdom in this important area.

In one recent study, only 15 percent of Millennials said they felt “grown-up” at age 21. Among females, the proportion was much lower (8 percent). Millennials were more prone to cite events like the first job after college or the birth of a child as the transition into adulthood. This recent survey confirms previous scientific research that the brain continues developing even in late adolescence, after people reach age 18. A British psychologist claims that 25, as opposed to 21, is a much more accurate threshold age.

New Inheritance Strategies

...

630-466-1600

160 S. Municipal Dr. Suite 100, Sugar Grove, IL 60554

Back to Top