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Date 08/20/2008
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The Age of Inheritance - UK

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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

 

 

 

By ILC Date 22-05-2008

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