this post was submitted on 10 Dec 2023
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Well yes obviously!
Why "hoard" it? Why not give it to your kids when they are young, and thus helping them, instead of having the possibility to keep it and give it to your 59 yo child(ren)?
I am giving what I can to them while I can but when I die they deserve the things I work for more than some random.
If they want they can sell it or donate them but they are my items to do with what I please.
If a law like that passes people will just transfer before they die and then let their “children’s assets” support them.
I get what you're saying, but today a minority inherits billions, many/most inherit when they're over fifty years old.
I mean if you have kids, of course they should have it all to help them out (with some upper limit in the hundreds of thousands IMO but that's discussable ofc) but do tell me why the vast majority of old-timers should be the ones benefit from inheritance?