We spoke to three people who inherited between £2000 and £250000 to find out how it changed their lifeWhat would you do with £655000? That’s the UK average amount that the wealthiest members of the third age economy – over-45s with 325000 or more in assets – expect to pass on to their heirs when they die,according to research carried out by Canada Life in April 2015.
Meanwhile, a 2014 survey by Skipton Financial Services found nearly half of people living in the UK under the age of 40 are expecting to receive a large inheritance from their parents, and with one in five relying on it to fetch them on to the property ladder.
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Source: theguardian.com