There is often an expectation that when parents die, their children will be left with some form of inheritance. But what does the research show about what actually happens to inheritance? What do the recipients tend to do with their inheritance? Is the money put to good use, is it spent right way, is it saved, or is it sometimes totally squandered? Jay Zagorsky, from the Questrom School of Business, joins the podcast. Hosted on Acast. See acast.com/privacy for more information.