{"id":558440,"date":"2026-03-23T05:34:11","date_gmt":"2026-03-23T05:34:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/558440\/"},"modified":"2026-03-23T05:34:11","modified_gmt":"2026-03-23T05:34:11","slug":"australian-parents-consider-leaving-inheritance-to-charity-instead-of-their-children","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/558440\/","title":{"rendered":"Australian parents consider leaving inheritance to charity instead of their children"},"content":{"rendered":"<p><img fetchpriority=\"high\" class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1110710\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1110710\" data-capiid=\"f81924d84c1468f72840dda0e7bcda69\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1110710\" class=\"wp-caption-text\">New research reveals attitudes towards inheritance were becoming more values-driven.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">One in three Aussie parents are considering leaving part or all of their estate to charity instead of their children, new research reveals.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">National research commissioned by online will platform Safewill showed parents feel their kids act like it\u2019s a given they will receive an inheritance, and said the money would be wasted by the younger generation, while others say young people should build their own wealth.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">With an estimated $5.4 trillion set to be transferred from Baby Boomers over the next two decades, the research showed a growing tension between expectation and reality.<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1110707\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1110707\" data-capiid=\"42178a2f0f19040d41881a1d36eec257\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"Modern family spending time together and smiling\"\/><\/p>\n<p id=\"caption-attachment-1110707\" class=\"wp-caption-text\">Modern family spending time together and smiling while sitting on the sofa at home<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Safewill Founder and CEO, Adam Lubofsky, said attitudes towards inheritance were becoming more values-driven.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWhat we\u2019re now seeing is parents thinking more carefully about the kind of impact they want their estate to have, whether that\u2019s supporting their children, backing a cause they care about, or a combination of the two,\u201d Mr Lubofsky said.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWe expect to see an even sharper rise in charitable bequests in the wealth transfer over the next two decades, with our research indicating that emotion still plays a huge part in Australian legacy planning.\u201d<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/revealed-its-now-cheaper-to-buy-a-mansion-than-to-build-one\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=the_courier_mail&amp;campaignPlacement=realestatemodule\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">MORE: It\u2019s now cheaper to buy a mansion than to build one<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/energy-price-shakeup-to-save-aussie-households-hundreds\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=the_courier_mail&amp;campaignPlacement=realestatemodule\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Energy price shake-up to save Aussie households hundreds<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/buried-disaster-under-council-streets-exposed\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=the_courier_mail&amp;campaignPlacement=realestatemodule\" title=\"www.realestate.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Buried disaster under council streets exposed<\/a><\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1110708\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1110708\" data-capiid=\"962b1ec8794ed9c1e4b406e3af3aa072\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1110708\" class=\"wp-caption-text\">A Qld estate sold under the hammer for $705,000, with the entire amount going to the Animal Welfare League Queensland (AWLQ).<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Safewill\u2019s principal solicitor Isabelle Marcarian said the rise in charitable giving reflected a broader shift in how Australians were thinking about legacy, but careful planning remained essential.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWhat we\u2019re increasingly seeing is Australians wanting their will to reflect both their family and the causes they care about,\u201d Ms Marcarian said.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cCharitable gifts can be a powerful way to create lasting impact, and they tend to work best when families understand and support those decisions.\u201d<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1110709\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1110709\" data-capiid=\"6ba9d646ae46386372865f544542bd21\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1110709\" class=\"wp-caption-text\">this year a low-set cottage in Brisbane\u2019s Zillmere was auctioned with all proceeds split equally between the RSPCA and Cancer Council Queensland.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">There has been a string of Queensland estates bequeathed to animal charities in recent years with most homes going under the hammer.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Earlier this year a low-set cottage in Brisbane\u2019s Zillmere was auctioned with all proceeds split equally between the RSPCA and Cancer Council Queensland.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The property sold under the hammer for $1.12 million to a South Australian man with plans to knock down the cottage and rebuild.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Last year, a Carindale home sold for $1.6907m with proceeds going to animal charities. <\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">In 2024, a Strathpine estate sold under the hammer for $705,000, with the entire amount going to the Animal Welfare League Queensland (AWLQ).<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">And Guide Dogs Australia was one of the beneficiaries of a charity auction at Robina in 2023, where a three-bedroom home on a 773 sqm lot sold for $951,000.<\/p>\n","protected":false},"excerpt":{"rendered":"New research reveals attitudes towards inheritance were becoming more values-driven. One in three Aussie parents are considering leaving&hellip;\n","protected":false},"author":2,"featured_media":558441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":["post-558440","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-au","tag-australia","tag-business","tag-finance","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/558440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=558440"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/558440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/558441"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=558440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=558440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=558440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}