729b inheritances & the intergenerational wealth transfer

money money money

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 Bradley: https://amzn.to/3QNNrbv

📘 Insufficient Funds by James Millard: https://amzn.to/4bR72iq

Thanks to Skye Wealth for supporting our Thursday show! Connect with the team here

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this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.

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