Affluent Americans over 45 may intend to leave a legacy to their children, but 75% of them haven’t made any such plans, according to a study from Charles Schwab & Co. conducted by Harris Interactive. As a result, a large percentage of the assets now projected to go to heirs may not.

Procrastination rather than deliberate negligence is the most common reason cited for not having a plan; of those who don’t currently have plans, two-thirds said they intend to but haven’t gotten to it yet.

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