Inheritances getting larger and arriving later, but many will leave little for their children - News Summed Up

Inheritances getting larger and arriving later, but many will leave little for their children


SUPPLIED Public Trust chief executive Glenys Talivai says people with assets worth as little as $15,000 should have a will. “Most inherited money is received by people over 55, so inheritances won’t help young people when they most need the money. A generation more reliant on inheritances for building wealth is therefore one in which wealth is less equally shared,” the report says. 123rf Some people are despairing about not being able to leave their children anything. People are meant to be forgotten.”Source: Public Trust.


Source: Stuff June 05, 2021 17:00 UTC



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