Research by financial services firm Investec has suggested that almost a third of parents have avoided passing on wealth to a child, either during their lifetimes or via their wills, because they fear that the money will leave the family as a result of the child divorcing.
Instead, some are bypassing their children to leave legacies to their grandchildren instead, or setting up trust arrangements to try to protect wealth from leaving the family in the event of a divorce. Another option would be for the son or daughter to enter into a pre-nuptial or post-nuptial agreement ring-fencing any gifted or inherited funds.
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Risk of divorce puts parents off leaving inheritance