Will you fail to plan for the inevitable?
People in England and Wales are often failing to plan for the inevitable. A lack of will planning means that families not only lose out but can also be left facing difficulties that could easily have been avoided. Thomas Carroll Independent Financial Advisers highlight the things you need to take into consideration when making a will, click here to find out more.
A recent survey by Foresters Friendly Society and ICM* discovered some shocking statistics:
• 61% of people die with no valid will, where they do have one, 1 in 10 don’t tell anyone where it is
• Nearly half of those aged between 55 and 64 have not made a will (46%) with over a fifth having never thought about making one (22%)
• Over one in eight people (13%) rely on self-written wills, the validity of which are more likely to be challenged upon death
• Children stand to be most affected by the state of Britain’s wills as over three-quarters (77%) of parents with children under the age of five have not made a will
• Nearly 1 in 4 people (23%) think they are too poor to need a will which is often untrue
Do not leave your family assets and their future down to chance; make the right provision for your family and friends today. If you do not have a will, your assets will be distributed by the authorities according to the Laws of Intestacy.
For independent, chartered and bespoke advice to suit your needs contact Thomas Carroll Independent Financial Advisers on 02920 887733
*Survey by Foresters Friendly Society and ICM 2011