WHAT ARE THE KEY STAGES OF MAKING A WILL?
Having spoken to alot of families at what is an emotional time in their life, I thought it would be helpful to cover the basic things you should think about when approaching your Will.
Many people do not consider making a will a priority as they are often considered something to address later on in life. Research carried out by Royal London, YouGov, IRN Research and Orchard revealed that 5.4 million adults do not know where to begin with writing a will, so here is our simple guide which we hope will make the prospect less daunting.
5.4 million adults do not know where to begin with writing a will
Royal London, YouGov, IRN Research and Orchard
We spoke briefly with a professional solicitor to get some basic advice and steps you should consider if you, like a lot of families we have spoken to, haven’t tackled the subject of your Will. I really hope it helps.
Around 54% of adults in the UK do not have a will. If someone passes away without a will then they are referred to as dying ‘intestate’. Although assets usually pass to the next of kin, the process of dealing with an estate when the deceased is intestate is complicated and involved, which often proves difficult for the next of kin at an already challenging time of grief. Consider making a will today to protect and provide for those people and causes you care most about.