Threatening to cut people out of your will has always been a good way to force them to keep loving you . . . or to fake it at least. But is it less effective than it used to be?
A new study in Australia found more people are living large and blowing through their kids’ inheritance instead of passing it down. And the reaction from young people is basically . . . yeah, we don’t blame you. YOLO!
The study found young people are less likely to expect an inheritance these days. And they’re more likely to say it’s fine if their parents splurge, spend all their money, and leave them nothing.