Getting a Will should be one of your New Year resolutions
A poll conducted by Standard Life, stated the majority of adults in the UK have not made a will, despite acknowledging the need to protect their families’ finances.
61 per cent of adults questioned confirmed they still have not made a will as part of their financial planning. The poll showed that 50 per cent of the 55-64 age group, have not prepared themselves or their families.
According to the survey, one in three people agreed with the statement: “I just have not got around to it yet”, when asked whether they had planned for the distribution of a lifetime’s worth of assets or even made a note of their funeral arrangement.
David Howell, Chief Executive of Guardian Wealth Management, said: “A will ensures your personal belongings and assets go to the people you want. This is no longer only for the wealthy or those with children. Thinking ahead will give you peace of mind.”