from24/7 Wall St.
1 week agoThe Northwestern Mutual 2025 Study Found That 61% of Americans Have No Will, and Boomers Are Not Exempt
Exactly 31% of U.S. adults expect to leave an inheritance or a charitable gift, yet a clear majority of the general population has not signed the legal documents required to make that wish enforceable . The underlying numbers expose Gen X as an incredibly vulnerable cohort with 61% lacking estate documentation, but the most uncomfortable finding sits one generation up . Fully 39% of Baby Boomers and older Americans admit they do not have a will, meaning a massive portion of the demographic closest to needing immediate estate protection remains completely unprepared .
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