The UK is preparing for an unprecedented wealth transfer over the coming decades, as ‘baby boomers’ look to pass on their property and money to the next generation. Equality is normally about economic value – ensuring that each child, for example, receives the same value in assets. Potentially - for some, a significant obstacle in the transfer of wealth is tax. The main taxes to consider are inheritance tax (on death and some lifetime transfers) and capital gains tax (on lifetime transfers). For more insights into the hopes, hesitations and expectations of people when passing on wealth, view Brodies’ ‘future of wealth transfer’ survey.