Rethink inheritances. These days they no longer help the young, they go to the already middle-aged
- Written by Owain Emslie, Associate, Grattan Institute
Most inheritances go to middle-aged Australians who don't need help.ShutterstockInheritances can have an enormous impact on finances and lives.
Yet in Australia we know surprisingly little about who gets them and how big they are.
New Grattan Institute research provides some answers.
Inheritances are big and growing
A sample of estates from...
