Financial & Legal News

Nesting Means It Is Prime Time To Make A Will

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A recent survey has highlighted that having a baby is the most likely cause for people to put their affairs in order and make a Will.

Call it nesting or the onset of Spring, but whatever the reason 56% of people who made a Will did so because they had just had children, whilst other cited reasons were changes in health, marriage and of course divorce.

According to the YouGov survey solicitors are the most popular choice for making a Will, ahead of DIY options and Will Writers.

Commenting on the recent news, Daniel Prince, Private Client Partner at Pearson Solicitors said:

“What this survey highlights is the changing face of society and a recognition that the family is constantly evolving.  A Will is not a static document but does need to be reviewed with our changing family circumstances.”

“Will writing and administration of estates can sometimes be complex and solicitors have the experience and training necessary to carry out this very personal task,” he added.

“It is always advisable to use a professional when having your Will drafted. DIY and online Wills often lead to problems and a professionally drawn Will can help avoid costly disputes which can eat into the inheritance of family and friends.”

Only 18% of people trusted a Will Writer with their affairs and one in ten people chose to write their own wills in 2015.

For advice on making your Will, Inheritance Tax issues and Probate matters contact Pearson Solicitors on 0161 785 3500

Please note that the information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by Pearson Solicitors and Financial Advisers Ltd or any of its members or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.

This blog was posted some time ago and its contents may now be out of date. For the latest legal position relating to these issues, get in touch with the author - or make an enquiry now.

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