Image: Inheritance by amount and distribution received and action taken with inheritances in Great Britain between 2008 and 2010

Description: 1.6 million adults (3.6%) had received an inheritance valued at £1,000 or more in the two years preceding being surveyed. Although half of inheritors received less than £10,000, one in ten inherited £125,000 or more. The combined total of all inheritances received over the two year period was estimated at £75.0 billion. Nearly nine in every ten inheritances (88.4%) comprised, at least in some part, of money or savings. Property formed part of 19.5% of inheritances and personal possessions such as jewellery or collectibles were included in 12.4%. The most common action for those receiving property inheritance was to sell it and for non-property inheritance to save it. Rates of inheritance were higher for individuals living in households which already had the highest levels of wealth.
Title: Inheritance by amount and distribution received and action taken with inheritances in Great Britain between 2008 and 2010
Credit: https://www.flickr.com/photos/statisticsons/10554442415/
Author: Office for National Statistics
Usage Terms: Open Government License version 1.0
License: OGL v1.0
License Link: http://NationalArchives.gov.uk/doc/open-government-licence/version/1/
Attribution Required?: Yes