Inheritance and Wealth in America

Inheritance and Wealth in America PDF

Author: Robert K. Miller Jr.

Publisher: Springer Science & Business Media

Published: 2013-11-11

Total Pages: 233

ISBN-13: 1489919317

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Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

The Inheritance

The Inheritance PDF

Author: Samuel G. Freedman

Publisher: Simon and Schuster

Published: 1998-03-25

Total Pages: 472

ISBN-13: 0684835363

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Through the prism of three working-class families, Samuel Freedman illuminates the political history of 20th-century America, commencing with the immigrant foundation that laid the foundation for FDR's New Deal, taking readers through the 1960's era of political activism and ending with today's conservatism.

The Inheritance

The Inheritance PDF

Author: Mara E. Karlin

Publisher: Brookings Institution Press

Published: 2021-12-14

Total Pages: 322

ISBN-13: 0815738463

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Exploring how the U.S. military can move beyond Iraq and Afghanistan Since the September 11, 2001, attacks, the U.S. military has been fighting incessantly in conflicts around the globe, often with inconclusive results. The legacies of these conflicts have serious implications for how the United States will wage war in the future. Yet there is a stunning lack of introspection about these conflicts. Never in modern U.S. history has the military been at war for so long. And never in U.S. history have such long wars demanded so much of so few. The legacy of wars without end include a military that feels the painful effects of war but often feels alone. The public is less connected to the military now than at any point in modern U.S. history. The national security apparatus seeks to pivot away from these engagements and to move on to the next threats—notably those emanating from China and Russia. Many young Americans question whether it even makes sense to invest in the military. At best, there are ad hoc, unstructured debates about Iraq or Afghanistan. Simply put, there has been no serious, organized stock-taking by the public, politicians, opinion leaders, or the military itself of this inheritance. Despite being at war for the longest continuous period in its history, the military is woefully unprepared for future wars. But the United States cannot simply hit the reset button. This book explores this inheritance by examining how nearly two decades of war have influenced civil-military relations, how the military goes to war, how the military wages war, who leads the military and who serves in it, how the military thinks about war, and above all, the enduring impact of these wars on those who waged them. If the U.S. military seeks to win in the future, it must acknowledge and reconcile with the inheritance of its long and inconclusive wars. This book seeks to help them do so.

History of Inheritance Law

History of Inheritance Law PDF

Author: Harry L Munsinger J D, PH D

Publisher:

Published: 2020-11-09

Total Pages: 176

ISBN-13: 9781480898417

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Experts estimate that eighty percent of household wealth is inherited, and the average American who died in 2015 left approximately $177,000 to his or her family. Harry L. Munsinger, a lawyer practicing in Texas, explores the history of inheritance law in this fascinating book. Topics include: - English laws of succession, which evolved to favor wealthy families by passing real estate and family titles to the eldest surviving son. In contrast, the American colonies developed a democratic system of inheritance where land was divided equally among all the sons. - Goals of early inheritance laws, which were to keep ancestral lands in the family and to determine who would take the land when a father died. - Ways American laws of succession followed English common law during the colonial period and then developed variations more suited to America's social and economic needs after the colonies won their independence from Britain. The author also highlights how any interested party can allege a defect in the execution of a will, how trusts were developed by courts of equity to avoid the rigid rules of English common law governing legal title and use of real property, and how families can safely and effectively transfer wealth.

Death, Deeds, and Descendents

Death, Deeds, and Descendents PDF

Author: Remi Clignet

Publisher: Routledge

Published: 2018-02-06

Total Pages: 236

ISBN-13: 1351523449

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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, Law, and Inheritance in America

Family, Law, and Inheritance in America PDF

Author: Yvonne Pitts

Publisher:

Published: 2013

Total Pages:

ISBN-13: 9781107249615

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"Yvonne Pitts explores inheritance practices by focusing on nineteenth-century testamentary capacity trials in Kentucky in which disinherited family members challenged relatives' wills. These disappointed heirs claimed that their departed relative lacked the capacity required to write a valid will. These inheritance disputes criss-crossed a variety of legal and cultural terrains, including ordinary people's understandings of what constituted insanity and justice, medical experts' attempts to infuse law with science, and the independence claims of women. Pitts uncovers the contradictions in the body of law that explicitly protected free will while simultaneously reinforcing the primacy of blood in mediating claims to inherited property. By anchoring the study in local communities and the texts of elite jurists, Pitts demonstrates that 'capacity' was a term laden with legal meaning and competing communal values about family, race relations and rationality. These concepts evolved as Kentucky transitioned from a conflicted border state with slaves to a developing free-labor, industrializing economy"--

Death, Deeds, and Descendants

Death, Deeds, and Descendants PDF

Author: Rémi Clignet

Publisher: AldineTransaction

Published: 1992

Total Pages: 256

ISBN-13: 9780202303987

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Clignet's analysis of the processes of biological, economic, and cultural reproduction at work in inheritance patterns in modern America is the first sustained treatment by a sociologist. Using the concept of reproduction to organize his data, Clignet shows that even today inheritance serves to perpetuate both familial wealth and familial relations. He examines how decedents chose particular legal instruments (wills, trusts, insurance policies, gifts inter vivos) and how, in turn, the instrument chosen contributes to explain the extent and the form of inequalities in bequests as a function of gender or matrimonial status of the beneficiaries. The author utilizes two kinds of primary data: the 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, he draws widely on sources from secondary literature in the fields of anthropology, economics, and history. Clignet's book 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 in long perspective as illustrative of 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.

Inheritance in Contemporary America

Inheritance in Contemporary America PDF

Author: Jacqueline L. Angel

Publisher:

Published: 2008

Total Pages: 0

ISBN-13: 9781421428291

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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.

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