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729b inheritances & the intergenerational wealth transfer

729b inheritances & the intergenerational wealth transfer

Update: 2024-07-17
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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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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


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



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729b inheritances & the intergenerational wealth transfer

729b inheritances & the intergenerational wealth transfer