'Naive' Brits relying on inheritance could be in for a shock

This article first appeared on Your Money. One in seven UK Brits are clinging to the hope of inheriting property or cash but three in four people whose parents go into care lose most of inheritance, the research by NFU Mutual found. This is because a quarter of people who go into care pay for it by selling their property, with one million homes sold in the past five years to fund care alone. More than two million elderly people have also had to use their savings to fund care. Sean McCann, personal finance specialist at NFU Mutual, said: "Younger generations could be in for a lon...