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Why more families than ever are ending up in court over wills.
Description
Family disputes over wills and inheritance have risen by almost 130% in the last decade. We break down exactly why; from rising dementia rates to blended families and second marriages, to house price booms leaving families with tax bills they can't afford, and share practical ways to protect your family from becoming one of these statistics.
Plus, is the Cartier Love bracelet the new Birkin? We look at whether it's actually a smart investment or just expensive peer pressure, and how the pre-owned Birkin market has returned 92% in a decade. And finally, the India exam scandal: how wealthy families have been paying $50,000 to buy medical exam papers in advance, and what it says about the widening wealth divide.
WTF does that mean? A guide to all the jargony bits:
Luxfluencer — Influencer, but only handbags and jewellery.
Emerging market — Fast-growing economy, not quite superpower yet.
GDP — The scoreboard for how much a country produces.
Wealth tax — Tax on what you own, not what you earn. Still just talk.
Probate — The legal admin after someone dies.
Inheritance tax — The bill after death, with a tight deadline.
Expression of wishes form — The pension form you filled in once and forgot.
Power of attorney — Who legally decides for you if you can't.
Abi’s Links
The Money Manual Book: https://www.penguin.co.uk/books/46857...
Instagram: https://www.instagram.com/abigailrosefoster/
TikTok: https://www.tiktok.com/@abigailrosefoster
YouTube: https://www.youtube.com/channel/UCmvbS2HZTs72pst13nBEmJw/videos
Substack: https://elent.substack.com/
Thanks so much to Generate for making The Curve Weekly possible. Generate has a really impressive 10-year track record, to find out more about their performance click here: generatekiwisaver.co.nz/performance. But remember, a great track record doesn’t guarantee future returns! If you’d like to speak to an advisor, to see if Generate is right for you, you can book time with someone here: https://www.generatewealth.co.nz/curve
Credits:
Host: Sophie Hallwright
Guest: Abi Foster
Producer & Editor: Emily Rigby
Editor: Kate Callaghan
Social & Digital Manager: Lucy Munro
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