 A survey found that nearly a third of baby boomer multimillionaires polled in the US would prefer to pass on their inheritance to charities rather than pass it down to their children.Of these boomers, 57% believed it was important for each generation to earn their own money; 54% believed it was more important to invest in their children while they were growing up., it was reported that, as a generation, boomers had tended to avoid discussions and long-term planning for their demise.