Nearly two-thirds of Britons have not made a will
Saturday, October 23rd, 2010Nearly two-thirds of Britons do not have a will despite the majority of people having a clear idea of who they want to receive their money when they die, a survey suggested today.
Around 62% of people admitted they did not have a will, rising to 70% among people who had children aged under 18, according to professional advice website Unbiased.co.uk. The group warned that this could leave many children vulnerable, as under current laws, children who are not named in a will are only entitled to an inheritance if there is no surviving spouse or an estate is worth more than £250,000.