The topic of wealth transfer and inheritance has become increasingly prevalent in IELTS Writing Task 2 examinations, particularly as global wealth inequality continues to widen. Based on analysis of past papers, questions related to importance of estate planning for families have appeared multiple times since 2019, making it a high-probability topic for future tests.
Let’s examine a recent IELTS Task 2 question on this topic:
Some people believe that inherited wealth should be heavily taxed to ensure greater economic equality in society. Others argue that people should have the right to pass their wealth to their children without restrictions. Discuss both views and give your opinion.
Analysis of the Question
This question requires candidates to:
- Discuss arguments for and against inheritance taxation
- Present a balanced analysis of both perspectives
- Provide their personal viewpoint with supporting reasons
- Consider social and economic implications
Sample Essay 1 (Band 8.0)
In the ongoing debate about should there be a cap on inheritance, valid arguments exist on both sides. While proponents of inheritance taxation emphasize social equality, others defend the fundamental right to transfer wealth within families. In my view, a balanced approach combining moderate inheritance taxes with protection of family wealth transfer rights is most appropriate.
Those advocating for heavy inheritance taxes argue that such measures can help reduce economic inequality. Large inheritances perpetuate wealth concentration among a small segment of society, potentially leading to social instability and reduced economic mobility. Furthermore, substantial inheritance taxes could generate revenue for social programs and education, creating opportunities for disadvantaged populations.
However, opponents contend that restricting inheritance rights infringes on personal freedom and family autonomy. Parents who have worked diligently to accumulate wealth should have the prerogative to benefit their children. Additionally, family businesses and properties often hold both financial and sentimental value, making forced liquidation for tax purposes particularly problematic.
In my opinion, while some level of inheritance taxation is necessary to promote social equity, it should not be so severe as to prevent meaningful wealth transfer within families. A progressive tax system with reasonable exemptions for family homes and businesses could strike an appropriate balance between social responsibility and personal rights. This approach would allow how international organizations can address global poverty while respecting family financial planning.
Sample Essay 2 (Band 6.5)
The question of inheritance tax is debated in many countries. Some people think rich people should pay high taxes when they give money to their children, but others say this is unfair. I will discuss both sides and give my opinion.
People who support high inheritance tax say it helps make society more equal. When rich families keep all their money, poor people have less chance to succeed. Also, the government can use this tax money to help poor people with education and healthcare.
On the other hand, many people think it’s wrong to take money from families. Parents work hard to save money for their children’s future. Also, some families have businesses that they want to give to their children, and high taxes make this difficult.
I think both sides have good points, but inheritance tax should not be too high. The government should let families keep most of their money but take some to help society. This is fairer for everyone.
Analysis of Band Scores
Band 8.0 Essay Analysis:
- Sophisticated vocabulary: perpetuate, autonomy, prerogative
- Complex sentence structures
- Clear organization with coherent paragraphs
- Well-developed arguments
- Effective use of linking devices
Band 6.5 Essay Analysis:
- Simple but clear vocabulary
- Basic sentence structures
- Some development of ideas
- Limited use of complex language
- Adequate organization but less sophisticated
Key Vocabulary:
- perpetuate (v) /pəˈpetʃueɪt/ – to make something continue indefinitely
- prerogative (n) /prɪˈrɒɡətɪv/ – an exclusive right or privilege
- liquidation (n) /ˌlɪkwɪˈdeɪʃən/ – the process of selling assets for cash
- autonomy (n) /ɔːˈtɒnəmi/ – freedom to act independently
- progressive (adj) /prəˈɡresɪv/ – advancing gradually
For practice, try writing your own essay on this topic and share it in the comments. Consider exploring related topics such as wealth distribution, economic inequality, and social mobility in your preparation for the IELTS exam.