We are in the midst of the greatest intergenerational wealth transfer ever. But for those without children,deciding where their money should go is a complex affair.
There are many potential things you could do with this inheritance,and a good argument could be made for each of them.
With more blended families and a record $3.5 trillion intergenerational wealth transfer expected over the coming decade,inheritance clashes are set to balloon.
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When you pass away,the money in your super account will be paid out as a lump sum,and,in some situations,taxed.
We’re in the middle of the largest intergenerational wealth transfer ever,and it’s beginning to tear at our nation’s social fabric.
A bitter dispute involving the descendants of Jane Seymour,Henry VIII’s third wife,is playing out in court as the family bickers over a 110-room mansion and a 2600-hectare estate.
From tax implications to funding aged care,there are a few important factors to look into when it comes to early inheritances.
In Australia,retirees get little guidance about how to use their super,and it’s leaving us with less money to spend in retirement.
Superannuation,and insurance inside super,are caught in a tangled web of rules that many people don’t know about until they’re trapped too.