Over 55s more worried about care costs than IHT

Research conducted by YouGov for Mattioli Woods found that when asked about their biggest concerns in passing on assets, over-55s ranked paying for care or later-life costs as their primary worry. This was above IHT, the risk of running out of money in retirement, ensuring fairness between beneficiaries, and potential family disputes. By contrast, those aged 35 to 44 are most concerned about paying too much IHT, while those aged 45 to 54 are most worried about running out of money during their lifetime. Despite IHT featuring prominently among financial concerns, Mattioli Woods' resear...