The new inheritance is giving it all away

It used to be that when we died, the kids got the money and the benefit of our existence. But the way Baby Boomers are bequeathing their wealth is changing. More and more are choosing to living the high life and SKI (Spend the Kids Inheritance). Some others are giving it all away.

Michael Davison, CPA Australia’s Senior Policy Adviser – Superannuation joined the program to talk about the recent article in the magazine ‘INTHEBLACK’.