Families have contrasting views over what the older generation should do with their money, new research has revealed. The over-50s want to save their money and pass it on as an inheritance; while adult children would rather their parents spent their money on themselves.
New research from Prudential has revealed a growing desire amongst parents to keep control over how any money they leave after they die is spent by their children.
The publication of findings from several recent research projects has given an interesting insight into current trends and opinions with regards to inheritance planning.
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