A third (34%) of affluent retirees say they expect to pass on more of their wealth than they would prefer when they die, according to a new study.
People expect to receive their most significant gift or inheritance at an average age of 52, but many say being given it earlier would have greater impact.
Estates and wealthy individuals may have underpaid inheritance tax (IHT) by as much as £392m in the last tax year, according to a new report.
Most over-55s say they will continue to pass on their wealth through their wills and estates planning after death despite a rising number of inheritance disputes and concerns about rising taxation, new study has revealed.
I was intrigued and more than a little worried this week by a report about consumer expectations of an inheritance windfall. It turns out many millions see an inheritance windfall as almost guaranteed.
A quarter (22%) of UK adults are holding out for an expected inheritance before going ahead with a major life event, according to new research.
Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.
Despite wanting to leave an inheritance, the majority of UK adults are struggling to do so, according to a new study from wealth manager St James's Place.
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