Generation impact: one in eight wants to use inheritance for good

One in eight (12%) people under-45 who expect to receive an inheritance intend to gift some of the money to a charity or cause close to their hearts, according to research from Sanlam UK. The report, The Generation Game, found that 5.1 million people are likely to receive an inheritance over £50,000. With the mean average value of the inheritance expected to be £233,000, millions of pounds are expected to be gifted to charity over the next 30 years. Not only are this younger generation considering gifting part of their…

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