Two recent studies have given an interesting insight into how prepared families are when it comes to transferring and inheriting wealth.
Macnairs + Wilson Solicitors Blog & News
The latest legal news, blogs and announcements from Macnairs + Wilson.
The start of 2017 has seen ‘broadly stable’ annual house price growth amounting to 4.3%, according to Nationwide’s House Price Index for January. This is only slightly below the annual growth rate of 4.5% recorded in December 2016. On a monthly basis, house prices rose by 0.2% in January, after seasonal factors were taken into account.
According to a recent report by USA Today, only around 1% of senior citizens in China have written a will or conducted some other form of inheritance planning exercise, which is beginning to cause problems regarding the transfer of wealth.
The publication of findings from several recent research projects has given an interesting insight into current trends and opinions with regards to inheritance planning.
There was a slight fall in the number of house sales in the UK in December 2016, according to the latest UK Residential Market Survey by RICS.