Szabo & Associates News & Updates

Legal experts have called for the Australian Government to scrap a loophole that allows the wealthy to pass superannuation to their children as a tax-free inheritance.

Whilst the long life is something to be celebrated, health-care boosted resilience can mean a long and often unexpected wait for an inheritance greatly diminished by care costs.

Ensuring that wealth is passed on to the next generation is important to many people, and is often a key consideration when it comes to estate planning.

Attitudes towards leaving an inheritance appear to be changing, with fewer people seeing the passing on of assets to the next generation as a priority.

A global piece of research from HSBC bank has revealed that Australians are the most generous when it comes to the amount they hope to leave as an inheritance for the next generation.