“…almost nine out of 10 people aged 20-29 have no will in place according to research by the financial adviser comparison site unbiased.co.uk”
“…almost two-thirds of 40-49 year olds and 60 percent of 50- 59 year olds have no will – so if they died now, they would die intestate, which means that their wealth would be dispersed according to state rules.”
According to Karen Barrett, chief executive of unbiased.co.uk. ‘We confirmed that people really do want to ensure their loved ones are taken care of after they’ve gone – but that most aren’t doing anything about this.’ (Source: Moneywise)
These findings, reported in Solicitors for the Elderly magazine, indicate that many people don’t understand what will happen if they die without a will.
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