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The Growth of Charitable Estate Planning
1. The Growth of Charitable Estate Planning among Americans Nearing Retirement Presented at ACCI 2009 Russell James, Texas Tech University Mitzi Lauderdale, Texas Tech University Cliff Robb, University of Alabama
11. Why is charitable estate planning becoming more common in this age group? Probit analysis of all respondents age 55-65 in 1996-2006 HRS. Outcome variable is the presence of charitable estate planning . Variable Estimate (s.e.) p-value Estimate (s.e.) p-value Estimate (s.e.) p-value Year 0.0138 (0.0032) <.0001 0.0033 (0.0034) 0.3298 0.0015 (0.0036) 0.664 Any children -0.6251 (0.0345) <.0001 -0.6224 (0.0479) <.0001 Years of Education 0.1412 (0.0048) <.0001 … . full set of … . control variables
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13. Analysis without overlapping persons (1996 & 2006 HRS only) Probit analysis of all respondents age 55-65 in 1996 & 2006 HRS. Outcome variable is the presence of charitable estate planning . Variable Estimate [p-value] Estimate [p-value] Estimate [p-value] Year 0.0156 [0.0001] 0.0052 [0.2352] 0.0036 [0.4206] Any children -0.607 [<.0001] -0.5928 [<.0001] Years of Education 0.1342 [<.0001] … . full set of controls