In a recent posting, the Pew Research Center reported that the World Bank estimated that $148 billion was sent by immigrants to family members and others outside the United States in 2017. Known as “remittances,” these funds are sent to family and friends in other countries and might be referred to as “intra-family” philanthropy.1
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.