729b inheritances & the intergenerational wealth transfer
Over the coming decades, almost $5 trillion in assets is expected to be passed down from the Baby Boomer generation to younger Aussies. That's a lot of inheritances! In today's episode Glen chats with financial advisers Martin McGrath and James Millard about what this intergenerational wealth transfer means. They touch on:
👉 ways that older generations can help their adult children
👉🏼 gifting rules for individuals who receive the age pension or part pension
👉🏽 is there an inheritance tax?
👉🏾 considerations for receiving an inheritance
📘 The Quick-Start Guide to Investing by Glen James & Nick…
The skinny
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