My kids inherit my money when I die. Isn’t that too late?

Your kids are all grown up now, having families, buying homes of their own and working hard to make ends meet. Wouldn't this be the best time for them to inherit your money? Have we got the wrong approach to inheritances? Susan has answers for this, as well as what the tax situation is when buying a house overseas, whether financial advisers who are paid on commission can really be objective and what to look out for when insuring your car.

Episode details

In this episode, Susan answers questions about:

• 00.51 What exactly is the OCR?
• 2.42 What are the tax implications when buying an offshore apartment?
• 5.17 Do we have inheritances all wrong?
• 8.12 What are banks saying about the future of house insurance?
• 10.22 Can financial advisers every truly be impartial?
• 12.44 What you need to know about insuring your car
• 13.41 And is a 1983 car better value than one from today?

If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz.

Go to this episode on rnz.co.nz for more details