Majority (57%) of Boomers are Expecting to Receive Money from their Parents’ Estates

Six in ten (61%) Boomers Intend to Give Money to Children While Still Alive

Wednesday, November 07, 2007

Toronto, ON – In what is poised to be an enormous transfer of funds from one generation to another, a new Ipsos Reid poll conducted on behalf of RBC reveals that a majority (57%) of individuals aged 50-59 either have received or are expecting to receive money from their parents and in-laws when they pass away.

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Majority (57%) of Boomers are Expecting to Receive Money from their Parents’ Estates

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HarrietShenken Harriet Shenken
Vice President
Ipsos Reid
Work+1.416.324.2105