Journal article | Zeitschriftenartikel

The social meaning of inherited financial assets: moral ambivalences of intergenerational transfers

What do inherited financial assets signify to heirs and testators and how does this shape their conduct? Based on grounded theory methodology and twenty open, thematically structured interviews with US heirs, future heirs and testators, this article explicates a theoretical account that proposes a moral ambivalence as the core category to understand the social meaning of inherited financial assets. In particular, the analysis reveals that the social meaning of inherited assets is a contingent, individual compromise between seeing inherited assets as unachieved wealth and seeing them as family means of support. Being the lifetime achievement of another person, inheritances are, on the one hand, morally dubious and thus difficult to appropriate. Yet in terms of family solidarity, inheritances are "family money," which is used when need arises. Taken from this angle, inheriting is not the transfer of one individual's privately held property to another person, but rather the succession of the social status as support-giver along with the resources that belong to this status to the family's next generation. Heirs need to find a personal compromise between these poles, which always leaves room for interpretation.

The social meaning of inherited financial assets: moral ambivalences of intergenerational transfers

Urheber*in: Schaeffer, Merlin

Namensnennung 4.0 International

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Weitere Titel
Die soziale Bedeutung geerbten Vermögens: moralische Ambivalenzen intergenerationaler Transfers
ISSN
0172-6404
Umfang
Seite(n): 289-317
Sprache
Englisch
Anmerkungen
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Erschienen in
Historical Social Research, 39(3)

Thema
Soziologie, Anthropologie
Wirtschaftssoziologie
Ambivalenz
Solidarität
Vermögen
Erbschaft
soziale Beziehungen
Generation
Moral
Familie
Geld
USA
Meritokratie
Reichtum
Einstellung
empirisch
Grundlagenforschung
empirisch-qualitativ
Theoriebildung

Ereignis
Geistige Schöpfung
(wer)
Schaeffer, Merlin
Ereignis
Veröffentlichung
(wo)
Deutschland
(wann)
2014

DOI
URN
urn:nbn:de:0168-ssoar-392927
Rechteinformation
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Letzte Aktualisierung
21.06.2024, 16:27 MESZ

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Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Schaeffer, Merlin

Entstanden

  • 2014

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