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Wealthy Boomers Doubt Heirs Will Keep Giving as $124 Trillion Transfer Begins, BofA Finds

Fewer than half of wealthy Americans believe the next generation is prepared to carry on family philanthropy, according to Bank of America research, even as younger donors prove more engaged and hands-on than their elders.

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Fewer than half of wealthy Americans believe the next generation is prepared to carry on family philanthropy, according to Bank of America research, even as younger donors prove more engaged and hands-on than their elders.

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