I am going to admit that throwing around the idea of Trillions of dollars in Wealth Transfer going to Nonprofits over the next 46 years actually makes my brain a little tired. Actually, just seeing an email from Paul Schervish this week got me a bit sleepy.
Want to read the latest Wealth Transfer predictions from Boston College and Mr. Schervish, here you go:
How about the headline?
How about the highlights?
- Through estates, heirs will receive $36 trillion.
- Federal estate taxes will claim $5.6 trillion.
- The sum directed from final estates (for which there is no surviving spouse) toward charity is estimated at $6.3 trillion.
- Total gifts to charity during the study period are vastly greater, according to the study, which estimates that lifetime giving will yield an additional $20.6 trillion for charity from 2007-2061
I know it sounds like a lot of money for nonprofits, through Planned Giving no less, but it still gets me weary looking at this stuff.
What do you think?