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Kids are cool if parents cash in on their inheritance - INDIA New England News

INDIA New England News Sydney– A fascinating research has revealed that while older people are keen to spend their well-earned savings, rather than passing them on to their kids, the younger generation is just fine with this scenario, claiming that no one owes anyone anything. Cash in on the kids’ inheritance and spend up big on the retirement plans, this is the message coming from a study by researchers at the University of South Australia. The study explored contemporary attitudes towards wealth transfer taxation in Australia, finding that public resistance to inheritance and estate taxes may have declined in the 40 years since they were abolished in Australia.

Kids are cool if parents cash in on their inheritance - INDIA New England News

Kids are cool if parents cash in on their inheritance - INDIA New England News
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