(1888PressRelease)
May 11, 2007 - According to AA Legal Service, a total of 86 per cent on British youngsters are worried about what they might find in their parents' wills.
Worryingly, seven in ten (70 per cent) of those surveyed expect to have to take on their parents' debts when they die.
In contrast, previous generations have been able to take advantage of their inheritances to pay off some of their own mortgages.
"As young families take on bigger and bigger debts to get a foot on the property ladder, few are banking on a future inheritance to help clear the mortgage," confirmed James Molloy, head of AA Legal Services.
Even those who have been left money by their parents still have cause for alarm, with 31 per cent of respondents admitting that sibling rivalry will see them receiving a reduced share.
A further 15 per cent of young Britons are worried that their parents will remember charities in their wills, rather than their own children.
Mr Molloy suggested that the cost of care homes and mounting consumer debt were two prominent reasons as to why many people were being saddled with debt - although those affected could consider an equity release scheme offered by National Homebuyers to alleviate their financial difficulties.
