Your children will receive an inheritance one day – it will be much more useful and impactful now than in 20-odd years.
Estate planning needs to be a crucial part of wealth transfers and hard conversations need to occur sooner rather than later.
As Rupert Murdoch attempts to set his legacy using his family trust,thousands of Australians are following suit. So,who gets to keep what – and why does it matter?
A $5 million media campaign aims to raise awareness of and eliminate elder abuse,which affects about one in six older people in Australia.
Many modern retirees are feeling tremendous pressure to pass money onto their children and grandchildren. Here’s how to manage expectations.
Would you rather keep paying high taxes on your income,or more tax when you die?
Diana Beere is fighting the bank in court to ensure it is true to its word on investing in coal mining before she passes her shares on to her descendants.
If your kids are likely to be paying a meaningful amount of tax,it may be advantageous for you to rebalance your portfolio.
The truth is,I wouldn’t wish an inheritance on anyone,but as generations get older,it’s a tough conversation many of us are having.
Even though motivation,energy levels and clear thinking take a huge hit,and the thought of simply making a decision can be exhausting,getting going helps.
Coming into money early on in life can be a wonderful opportunity to learn about investing and financial markets.