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Inheritance

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Intergenerational wealth transfers could become the deciding factor of young people entering the housing market.

Sara’s parents own two homes, but she won’t buy until she’s 80. Here’s why

Young Sydneysiders on the wrong side of a $3.5 trillion wealth transfer are staring down decades of housing pain.

  • Kayla Olaya, Daniel Lo Surdo and Cindy Yin

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A new report released by Perth-based law firm Solomon Hollett Lawyers found 60 per cent of West Australians believed there would be a dispute over a family estate.

Not so happy families: Why WA’s looming intergenerational wealth transfer could be costly

It’s a state that has benefited from its resource riches and skyrocketing house prices, but new data suggests more than half of all West Australians fear the impending intergenerational wealth transfer won’t unfold without a fight.

  • Jesinta Burton
Stokesay Court, Ludlow, Shropshire, where the movie, Atonement, was filmed.

‘I was in shock for a week after being told I’d inherited an 88-room mansion’

At age 40, Caroline Magnus was bequeathed the country estate where Atonement was filmed.

  • Eleanor Doughty
Rising stock markets and home prices, as well as inflation, have fattened the estates that members of the baby boom generation are expected to leave their heirs.

The $164 trillion windfall splitting America

One of the largest intergenerational transfers of wealth in history is about to take place.

  • Daniel Neligh, Maria Clara Cobo and Andre Tartar
When it comes to your inheritance, the ATO will generally leave you alone.

I’m about to receive my inheritance. Will I have to pay tax on it?

Inheritances are given a generous tax treatment in Australia, but if you invest the money, that’s a different story.

  • Paul Benson
UniSuper CEO Peter Chun says super funds need to personalise data for retirees like Netflix does.

How do I give $200,000 to my grandkids while saving tax and keeping my pension?

When it comes to gifting money to your grandkids, you need to think carefully about tax implications – for both you and them.

  • Noel Whittaker
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The Supreme Court has seen its biggest year-on-year increase in probate applications.

Fuss over new inheritance fees is much ado about nothing

If Victorians found themselves seriously panicked about the future of their inheritance this week, I’m not surprised.

  • Victoria Devine
Early inheritances are well and good, but make sure you don’t regret gifting away money you might have actually needed.

Thinking of gifting the grandkids some money? Check this first

While the intention of gifting is often to help family members, you need to make sure that you don’t rob Peter to pay Paul.

  • Rachel Lane
Not knowing what your share of the inheritance will be can make planning for retirement difficult.

How do I plan for retirement when I don’t know what I’ll inherit?

It can be helpful to have a conversation with your parents about their intentions for their estate, which can make planning easier.

  • Paul Benson
The genealogy team at State Trustees.

The heir ‘detectives’ who hand out more than $100 million every year

They’re looking for you: these State Trustees researchers sometimes give out millions to heirs of people who died without a will. 

  • Carolyn Webb

Original URL: https://www.theage.com.au/topic/inheritance-hp7