Inheritance, still relevant ?

  1. 35,326 Posts.
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    Just wondering about people's views on inheritance . In the old days people died a bit younger and times were tougher so it made a lot of sense to help kick start a decendant's life .

    These days people are living much longer so quite often the kids are at least middle aged ( or older ) when their folks pass . So do the kids really need the money like they did in the past ?
    Also , older people are living it up a bit in their retirement and are retired much longer . So , should they live quitely and leave money to their kids or should they spend it instead ?

    Should we spend it ?

    Should we give it to charity if we have no immeadiate descendants ( no kids ) ?
 
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