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The inheritance tax advantage of skipping a generation

If you unilaterally decide that your grandchildren are the most deserving of your largesse, you may cause disharmony in your own family.

Your bequest may inadvertently make your grandchildren better off than the parents who have just done without 18 years of holidays to pay for their education. To read more on why it might be fiscally best for those writing a will to pass it all on to their grandchildren, head to Spear's Wealth Management Magazine.

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