Following Nadiya's blog Tuesday on the comments made by Gavin Barwell, further thoughts have been given to the idea of skipping a generation in your Will.
As Nadiya mentioned careful planning is required when considering such a gift.
Although this may be a good way to deal with your estate, your legacy could be that you become the generation to start talking about what happenes when you die.
Whatever you decide, legal advice is essential!
There are, however, three problems with this approach. The first is that those 50-somethings may not be as financially secure as their parents think. A recent study by First4lawyers discovered that 41% of those who had either been left out of a will or received less than expected said they had been relying on the inheritance, so the upset left them in financial difficulties.