Law Society research: millions of Britons have no will – The Law Society

Law Society research: millions of Britons have no will – The Law Society.

 

It is, as we have said for a long time, the exception rather than the rule.  Somewhat horrifying to think that over two thirds of us do not have wills.

I’m dealing with some intestacies at the moment, and practically speaking, although we can deal with things amicably  (hopefully) within a family, the extra work involved, and the trauma for the family of deciding who is going to do what, who is going to be responsible for making difficult decisions, and the fact that no-one is immediately able to do things on behalf of the estate is tragic.  For less than £200, the client could have saved hours of worry, hours of legal time, so much angst and family difficulties, and prevented the delay in administration – if there had been a will, the house could be on the market now – the estate agents will not risk signing a contract with someone who may not be the administrator, or they might not get their money back.

That is just the problem – Lasting Powers of Attorney are needed in lifetime to make life easier and better for the living who are vulnerable.  Wills are your last chance to make things easier for those you leave behind.  And if you are not a single person with no spouse or children, or grandchildren, then there are all those who are depending on you.  And wishing that you had appointed guardians, and made things clear for you.

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