Shrinking inheritances a sign of the changing times
Shrinking inheritances a sign of the changing times
The odds of receiving a large inheritance are becoming less likely with people living longer and more parents giving money to children while still alive to help them get on the property ladder or out of debt.
On 2 June, the NZ Herald ran a story about how inheritances are getting smaller. They spoke extensively to Jim McIlroy, Public Trust's Estates Manager.
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