Heirs' Property | Impact Entrepreneur

From Legacy to Loss

From Legacy to Loss

by Lisa Jones | Editor's Picks, Impact Economy, North America, Policy & Regulation, Racial Equity & Justice, Regions, SDG 10 - Reduced Inequalities

Heirs’ property is little known even though it is a substantial cause of wealth loss in marginalized communities throughout the United States. Heirs’ property results from land passing down informally across generations to multiple descendants. As heirs multiply over...