Heritage Older generations are getting richer and growing wealth can raise questions about inheritance – How should property be passed on to future generations?

You can save on taxes by planning the transfer of property already in your lifetime. However, it is not advisable to stare exclusively at taxes in property arrangements, advises Päivi Kaari, the leading lawyer of the Finnish Federation of Taxpayers.

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As both age and wealth accumulate, many begin to consider how it would be most profitable to pass on their own heritage to younger generations. Illustration.

Jutta Sibakov HS

2:00 | Updated 6:00

In the elderly Finns now have a historic wealth. Statistics Finland’s wealth survey according to, the median net worth of households over the age of 75 was about 163,000 euros in the second year. The amount is greater than ever before.

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