inheritance

Expert Analysis

Rethinking EOFY as a chance to connect generations

With the end of financial year fast approaching, this may be an optimal time to start a discussion with families about future succession planning, writes Peter Leggett. ...

Financial planning

Aussies lacking insight into future use of inheritance

There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands o...

Expert Analysis

Working collaboratively with law firms to settle family disputes

A lawyer has shared how financial advisers can collaboratively work with law firms to successfully protect their clients' assets in the case of a family dispute....

Financial planning

Wealth managers face imminent ‘flight risk’ of next-gen clients and advisers

Wealth management is facing a “fundamental transformation” as 81 per cent of next-gen inheritors have said they will likely switch away from their parents’ wealth manager...

Financial planning

Over half of inheritors lack ongoing adviser relationship

Despite younger generations representing the largest group of potential inheritors, CoreData has discovered less than half of beneficiaries have professional advice to na...

Financial planning

Preventing client exodus amid great wealth transfer

With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger gen...

Financial planning

Real estate reigns supreme among wealth inheritors

Fidelity finds next-gen investors are increasingly open to seeking financial advice to plan for an impending wealth transfer, as they mull over future investments in real...

Funds management

Inherited wealth outpaces self-made billionaires: UBS

The intergenerational wealth transfer is in full swing with the number of billionaires who have inherited their money outpacing those who are self-made for the first time...

Financial planning

Australians favour families’ retirement over inheritance

Amid aged care funding discussions, new research reveals 73 per cent of Australians would be willing to forego an inheritance to let older family members enjoy a comforta...

Financial planning

Millennials to see $68t inheritance windfall

Some $68 trillion is set to be passed on by the baby boomer generation in inheritance with the millennial recipients reporting they will most likely put it towards their ...