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Centre for Policy on Ageing | |
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| Navigating the age of inheritance | | Author(s) | James Lloyd |
| Corporate Author | International Longevity Centre UK - ILC-UK |
| Publisher | ILC-UK, London, May 2008 |
| Pages | 36 pp |
| Source | Download from: www.ilcuk.org.uk ILC-UK, 22-26 Albert Embankment, London SE1 7TJ. |
| Keywords | Assets [elderly] ; Gifts [elderly] ; Legacies ; Wills ; Social surveys. |
| Annotation | This policy report provides accompanying policy analysis and discussion to the National Centre for Social Research (NatCen) report 'The age of inheritance', for both a general and specialist readership. Its primary purpose is to provoke discussion on issues relating to family wealth transfers, which have both positive and negative effects for public policy. On the one hand, such transfers can reduce poverty and encourage responsible behaviour and investment in skills. On the other hand, family wealth transfers can increase material inequality and inequality of opportunity. The report discusses family wealth transfers in relation to inheritance tax and the property market, and in relation to finance for an ageing population. It suggests a policy framework which recognises that family wealth transfers are not universal, and that an objective of social policy should be for individuals to decumulate as much of their wealth as they should wish. (RH). |
| Accession Number | CPA-080819007 E |
| Classmark | JD: JFG: QE7: VTH: 3F |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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