Young people to get inheritance windfalls

Young people to get inheritance windfallsThe amount younger people inherit is set to rise according to new research; but the trend is likely to reverse in years to come. The survey, by the Institute for Fiscal Studies (IFS), found that: The level of wealth in elderly households, where all members are 80 or over, has risen by 43% over the past 10 years 44% of elderly households intend to leave an inheritance of £150,000 or more, up from 24% 10 years ago 75% of people born in the 1970s expect to ...