Aussies face rising will disputes over inheritance wealth
An Australian lawyer warns of rising will disputes as Baby Boomers prepare to transfer $3.5 trillion in wealth. Increased property values and family dynamics are expected to heighten tensions over inheritances. Disputes are already on the rise, with family provision claims increasing significantly. Many adults are challenging wills, especially when they feel unfairly treated compared to siblings. Aussies over 60 are projected to transfer an average of $175 billion annually in wealth over the next two decades. Planning ahead is advised to avoid costly inheritance disputes.