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Attitudes to inheritance: an exploratory study
- Authors:
- HANCOCK Ruth, et al
- Publisher:
- Joseph Rowntree Foundation
- Publication year:
- 2002
- Pagination:
- 22p.,bibliog.
- Place of publication:
- York
It is often suggested that people's attitudes to inheritance are changing and that in future older people will feel less desire to pass on their wealth to their children and more inclined to pay their care costs, meet everyday needs or capital expenditure such as the cost of housing repair. Drawing on a review of existing academic literature, market research and other industry survey evidence, this report considers what is known about how, if at all, people's attitudes towards bequeathing and inheriting wealth are changing and examines demographic and other trends. It concludes by setting out the implications for financial provision in older age and makes recommendations for further research.