Only around half of UK adults have made a will, according to will writing campaign group Will Aid.
When those with a will were questioned about what prompted them to write it, one of the most common reasons given was hitting a significant birthday. In fact, 20% of those interviewed said landmark birthdays, such as turning 30, 40 or 50, were the primary reason for making their first will.
In reality, how old you are should not be a major factor in deciding whether or not you should get a will, says Will Aid. And having a professionally drawn up will is the best way to help ensure your wishes are met. You should never just assume that your assets will automatically pass to the people closest to you.
Key reasons for making a will include:
- Reassurance. A will is the best way to help ensure your savings and possessions (your estate) go to the people and causes that you care about.
- Avoiding disputes. Disputes over wills can cause arguments among family members and may even need a solicitor to resolve them. Leaving a will should remove any doubt about how you want your estate dealt with.
- Looking after your children. A will allows you to appoint legal guardians for your children.
- Your funeral. Your will can be a way to let people know whether you would prefer to be buried or cremated, and the type of funeral service and music you would like.
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