28 October 2014
Category:
Legal Articles

NOT MADE A WILL YET? – YOU’RE NOT THE ONLY ONE!

last-will-and-testament

BRITISH ADULTS WHO HAVE NOT MADE A WILL

Did you know that some research carried out by Standard Life via You Gov PLC early in 2012 revealed some interesting facts and figures in relation to making wills. According to the research, some six out of ten British adults have not got around to making a will.

OVER 65 AND NOT MADE A WILL YET?

The research showed that one in four people aged 65 or over also don’t have a Will. Whilst this is much better that the average, it is still surprising that one in four people who are starting to reach their twilight years have still not around to making a will.

GOT CHILDREN AND NOT MADE A WILL YET?

An astonishing seven out of ten people with children at home also haven’t made a Will. When you have young children it is often essential to make a will to appoint guardians, and make sure your children are properly and financially looked after if something should happen to you.

LIVING WITH SOMEONE AND NOT MARRIED?

Amazingly eight out of ten people who live with another person as common law husband and wife haven’t made a Will. This is astonishing given that if their partner should die without a will then they are likely to end up getting nothing.

WHY DO PEOPLE NOT MAKE WILLS?

  • Well, nearly one in three say they just haven’t got round to doing it yet.
  • Nearly one in five say they don’t have any assets or they are too young.
  • One in ten say they haven’t thought about it.
  • But only one in fifteen say it is too expensive.

REASONS WHY YOU SHOULD MAKE A WILL

There are loads of great reasons why you should make a will. Here are the top ten:

  1. Peace of Mind.
  2. Ensure Your Estate Passes To Who YOU Want.
  3. Reduce the Hassle and Stress to Your Family After You’ve Passed On.
  4. Prevent Family Arguments and Disputes.
  5. Appoint Guardians and Protect your Children.
  6. Make Financial Arrangements for Your Spouse, Children and Other Dependants.
  7. Appoint Executors and Trustees.
  8. Ensure Your Funeral Arrangements Are in Place.
  9. Make Gifts and Legacies to Family, Friends and Charities.
  10. Reduce or Avoid Paying Inheritance Tax.

GO ON! – MAKE A WILL NOW!

You know you need to make a will. Do It Now!

Contact us today and start the process of sorting out your will.

Call us at Law for Life free on 0800 3 10 11 12 for a free no obligation chat.

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