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Are More People Opting To Give a Living Inheritance?
Its about directly impacting and easing financial worries during important milestones.
One key reason is the rising cost of living and education expenses that younger generations face.
Why Might a Living Inheritance Be More Necessary Now?
Or maybe your grandchild dreams of launching thenext big tech startupbut needs seed money pronto, she continued.
Its instant gratification for both the giver and the receiver.
However, like everything in life, living inheritances have their disadvantages.
Plus, there are tax implications to juggle.
You want it to be a gift that keeps on giving not one that causes stress down the line.
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