A research report exploring
changing patterns of inheritance in the UK. The research looks at how receipt
of inheritance varies by age and socioeconomic group, and analyses the expectations
of older cohorts for leaving an inheritance in the future.
** You can download a copy
of this report by clicking on the link at the bottom of the page. **
The Age of Inheritance explores
patterns of inheritance transfers in the UK over time, and among different age
and socioeconomic groups.
The ILC-UK is extremely
grateful to its partners in this project:
* Norwich Union whose generous support made this research possible.
* NatCen, who undertook the analysis for this research.
Key findings of the research
include:
* Around 2.5% of the population
receive an inheritance each year, and the average amount of inheritance received
has doubled in less than a decade.
* Older age groups are both more likely to receive an inheritance and for it
to be of higher value.
* Higher socioeconomic groups are more likely to receive an inheritance and
there is some indication that the amount they receive is also larger.
* Among older groups, wealthier individuals also report a higher expectation
of receiving an inheritance in the future.
More information,
click-here
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