Most people know why it’s important to make a will but new research has shown that the majority of Britons don’t have one.
Figures released by Standard Life show that a staggering 60% of us don’t have a will in place.
Perhaps unsurprisingly the research showed that older generations had undertaken more estate planning than younger people. However, despite this around 25% of people aged 65 or over still don’t have a will in place.
The survey found that the main reason given for not making a will was ‘idleness’.
Not making a will has several consequences....