Property News · January 5, 2017

Richest young people in UK also likely to inherit most wealth, study finds


More people are likely to leave inheritance thanks to rising house prices, but most will go to those already well off, says thinktankBritain’s wealth gap will be passed down the generations as well-off older people bequeath property to their already thriving offspring, according to new research from one of the UK’s leading thinktanks.The Institute for Fiscal Studies (IFS) found that today’s young people were likely to inherit more wealth than their predecessors but the benefits would be skewed to those who were already well off. Continue reading…

Source : theguardian.com
Read more…Richest young people in UK also likely to inherit most wealth, study finds

You may also like...