A majority of high and ultra high net worth Baby Boomers who claim to have made their fortunes on their own don't think it's important to leave an inheritance to their children and -- even among those who don't intend to stiff their offspring -- many haven't even begun to organize their affairs for an efficient transfer of their wealth when they die.
Bank of America's U.S. Trust "Insight On Wealth and Worth" survey of 457 individuals with more than $3 million in investable assets found that almost half said their financial success came at the expense of their personal lives, relationships and their own health and now only 49% think it's "important" to leave a significant inheritance behind for their kids.
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