TY - JOUR T1 - Bequests and Informal Long-Term Care JF - Journal of Human Resources JO - J Hum Resour SP - 531 LP - 572 DO - 10.3368/jhr.52.2.1214-6839R1 VL - 52 IS - 2 AU - Max Groneck Y1 - 2017/03/31 UR - http://jhr.uwpress.org/content/52/2/531.abstract N2 - Informal long-term caregiving for frail elderly individuals by their children may induce parents to compensate their children for their help. To test this hypothesis, I use the exit interview from the Health and Retirement Study (HRS). My results show that the decision to care for one’s parents has a significant positive impact on the incidence and amount of bequests received. In addition, increasing the amount of care relative to one’s siblings significantly increases the proportion of bequest within a family. Furthermore, I find that the positive nexus of caregiving and bequest requires a written will as a contract between the parent and the helping child. ER -