iNews
UK · 38 mins ago
My kids won’t see a penny after I die – and yours shouldn’t either
The idea of leaving something to our descendants – whether it’s money, a house, family heirlooms or something else – is deeply ingrained. Given the state of the housing market, a gift from a parent is now the only way many young people can imagine getting ahead. But, the reality of inheritance is often more complicated than we imagine, and a gift can sometimes cause more financial issues than it solves. Inheritance tax and family squabbles can sour what should be a consolation after bereavement – and relationships between parents and children can be complex. So, are children entitled to an inheritance? Helen Neale, Sam Harrington-Lowe and Raj Gill give their perspectives. My two children know that my husband and I do not intend to leave them an inheritance.Good parenting isn’t measured by
Do you trust iNews?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!