How a simple list can help your loved ones after your death.
Although it may not feel like it, your family finances are probably more precarious than you think. It’s all well and good when the breadwinners are healthy and working, but if something unfortunate were to happen, the outlook for those around you could change instantly.
Research from Macmillan highlights the worrying fact that two in three people living in Britain don’t have a Will – including 42% of over-55s. Without an up-to-date Will, the law could supersede a person’s final wishes and leave treasured possessions, money, property and even dependent children with someone they may not have chosen. This news comes despite official guidance recommending that people review their Will every five years and after any major life changes, yet a quarter of Wills have not been updated for at least five years.