Abstract:How families choose to transfer resources to the next generation is shown to be determined by goals and priorities derived from ethnocultural values. Two ethnically distinct Illinois farm communities, one of German-Catholic, the other of Yankee descent, having similar soils and geographic characteristics were investigated with: (1) an ethnographic field study; and (2) probated court documents over the century since settlement. Despite Germans engaging in more estate planning than Yankees, current German farms … Show more
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