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As people live longer and have fewer children, courts in many jurisdictions are changing their view on how to respond to children, including adult children, who take cases contesting who gets what from a parent’s estate.
In considering how any new Irish legislation dealing with this should be drafted, the Law Reform Commission draws attention to the context where the “generational contract” is changing.
The traditional generational contract in 20th-century Europe involved parents who had cared for their children expecting their children to care for them when they were old. But people are now taking more responsibility for their later years than they did in the past and are funding their own needs, including health and care requirements. Read More