Most Britons die without giving anything to their families in a will: Six out of ten leave less than £5,000 - most of which 'pays for the funeral' Six out of ten have less than £5,000 when they die and most goes to their funeral The findings are based on records of 60million wills in England over 100 years Number of people who left wealth went unchanged between 1950 and 2016
By Steve Doughty For Daily Mail
Published: 00:40 GMT, 28 February 2019 | Updated: 00:40 GMT, 28 February 2019
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Most Britons die without leaving anything to their families, a study has found.
Six out of ten have less than £5,000 when they die – and most of that is likely to be needed to pay for a funeral, according to researchers.
The findings, based on the records of 60million wills left in England over more than 100 years, suggest that the growth in home ownership that transformed the lifestyles of baby-boomers is not being passed down to their offspring. According to the researchers, the share of those who leave significant wealth when they die
