Where there's a will, there's also a worry

November 10, 1991|By Knight-Ridder News Service

Estate planning can raise a host of important questions;some of the most troubling are emotional in nature.

For example: Who should inherit what? Should you disclose the content of your bequests before you die?

Naturally, there are no black-and-white answers.

To get a feel for how Americans feel about these issues,Neuberger & Berman,a New York investment firm,sponsored a survey. Here are some of the findings:

* 78 percent said inheritances can cause conflicts among loved ones.

* 58 percent said can avoid conflicts by revealing the contents of your final wishes before you die.

* 66 percent said that people should take care of their own needs first,then leave inheritances if assets are left.

* 75 percent said they felt some obligation to provide for loved ones.

* 69 percent said they would consider giving away assets while they were still alive.

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