GITNUX MARKETDATA REPORT 2024
Statistic 1
"The median amount of money a parent needs to start a trust fund is a minimum of $100,000."
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Statistic 2
"The average trust fund benefit for Social Security is $1,277 per month."
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Statistic 3
"A study found that the average income for adults who received an inheritance was $707,291."
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Statistic 4
"Among those who received an inheritance, the average amount is $177,000."
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Statistic 5
"Just under 1.5 percent of Americans have a trust fund."
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Statistic 6
"The average trust fund baby in America receives about $1.1 million."
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Statistic 7
"As of 2021, a person can leave up to $11.7 million to heirs and pay no federal estate or gift tax."
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Statistic 8
"The median trust fund amount in major U.S. cities averages between $1 and $5 million."
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Statistic 9
"The median inheritance amount in the U.S. is closer to $55,000."
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Statistic 10
"An average of 17% of individual’s total wealth are in trusts."
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Statistic 11
"The mean amount held in trust funds by American families is about $285,000."
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Statistic 12
"As of 2021, the combined Social Security trust fund reserves are estimated to be $2.9 trillion."
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Statistic 13
"Only 2% of families carry assets in Trusts."
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Statistic 14
"74% of trust fund households had a net worth of over $500,000."
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Statistic 15
"In 2020, the largest average inheritance recorded was about $200,000."
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