- Telephone 01242 574244
- Fax 01242 221631
- Email info@hughes-paddison.co.uk
Cheltenham solicitor urges people to review their wills following new research showing over half of UK adults over 30 don’t have a will or have one that needs updating. New research has revealed that over half (52%) of UK adults over 30 don’t have a will, and an additional 13% who do have a will admit that it needs updating. Carole Haestier, Senior Associate Solicitor, at Hughes Paddsion, is urging local residents to take action to ensure their affairs are in order.
The research, conducted by Censuswide on behalf of The Association of Lifetime Lawyers, also found that nearly one in ten (9%) UK adults have started making a will but haven’t completed it, leaving their estate and loved ones at risk.
Without an up-to-date will, your estate will be distributed according to the intestacy rules. These rules prioritise specific family members regardless of your personal relationship or wishes. This could lead to unintended consequences and potential disputes among loved ones.
The Association of Lifetime Lawyers represents a community of the most qualified legal professionals in the UK, supporting people making key decisions about their lives.
Carole warns that not having an up-to-date will can have serious consequences for your loved ones. She says: “Without a valid will, your assets may not go to the people you intended, and your family could face lengthy legal battles and additional emotional distress, during an already difficult time. It could also mean your loved ones face a higher inheritance tax bill.
“Life changes quickly, so it’s best practice to review and update your will every five years or when a major change in your life occurs that impacts you or your loved ones. This includes marriage or civil partnership, divorce or dissolution of a civil partnership, the birth of a child, the death of a family member, or if you or one of your beneficiaries has obtained a Gender Recognition Certificate.
“Updating your will ensures that your estate is distributed according to your wishes and provides peace of mind for you and your loved ones. Seeking advice from an experienced legal professional is best, as they can offer guidance on your unique situation and help minimise inheritance tax where possible.”
If you’re unsure where to start with writing your will, get expert advice from Carole Haestier, Senior Associate, Private Client Team and accredited member of The Association of Lifetime Lawyers.
Call 01242 574244 to arrange a call or an appointment.
The information contained on this page has been prepared for the purpose of this blog/article only. The content should not be regarded at any time as a substitute for taking legal advice.