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Showing 21 - 30 of 78 results for "Inheritance"

Inheritance not expected: Research

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... has revealed that the younger generation wants their parents to enjoy their retirement, and they don't feel owed an inheritance. It turns out, the younger generation are not particularly money hungry - even supporting an inheritance tax. According to ...

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... sons (three) and daughter (and her husband) would have to wait until my number's up to get their hands on their inheritance and use it as deposits for a piece of Australian soil. That or, like in Italy, they'll be forever living with my wife ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... of the things that drive up the price of housing in Australia. And the intergenerational transfer of wealth through inheritance will not fix these problems, both speakers said. First, most people receiving inheritances are over the age of 60. Second ...

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research claims that the majority of Australians deplete their superannuation savings before death, countering the Retirement Income Review's findings. The Association of Superannuation Funds of Australia (ASFA) claims that most retirees run out ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... - are children born by sperm donors or artificial insemination treated differently under the law when it comes to inheritance? Samantha Smorgon is disputing her father, Robert Smorgon's, will which defined her as a step-child because she was conceived ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The superannuation system encourages Australians to rely on their own savings to fund retirement but the burden on younger generations to fund the Age Pension should not become unsustainable, the Retirement Income Review has stated. The review noted ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
... invaluable through periods of change. Whether personal circumstances change, as a result of redundancy, personal trauma, inheritance or business transactions, advisers will work with clients to identify the best path forward," the report states. "If ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... and financial adviser declare them wholesale clients. When the wife in this imaginary scenario comes into a $20,000 inheritance she tells the adviser that she has no clue about money matters and asks for a recommendation. The stock the adviser recommends ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
... second generation and 90% will lose it by the third. According to Baker, it's the stigmas that plague discussing inheritance that are leading to these figures. "Conversations about money can be awkward, and for many, discussing where and how your ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... it takes to repay the loan, the more interest is paid." Retirees must also consider if the scheme could erode the inheritance they pass on to their children, if the latter generation has to pay their outstanding loans. "For retirees the Pensioners Loan ...