A recent online poll found that the biggest single reason for adults not having a Will is simply that they haven’t got round to it! Run on the MoneySavingExpert website the poll had over 3400 individual responses in just one week.
Perhaps surprisingly it was only in the over 65 age category that the vast majority of respondents had a Will and only 25% of people between 35 and 49 had a Will in place.
|
Age |
Do have a will |
Do not have a will |
|
Under 25 |
11% |
89% |
|
25-34 |
11% |
89% |
|
35-49 |
25% |
74% |
|
50-64 |
53% |
47% |
|
65+ |
79% |
21% |
The other top reasons for not having a will in place were ‘I don’t really know where to start’ and ‘everything will go to my spouse or children anyway’. The full results of the poll can be found at https://www.moneysavingexpert.com/poll/03-03-2020/do-you-have-a-will-if-not-why-not.
Rebecca Lauder, Partner commented:
“It’s very interesting to see the results of this independent survey and whilst we would expect age to be a key factor in making a Will it’s worrying that a large number of people assume everything will automatically pass to the people they wish to benefit from their estate. Regardless of age, everyone should make a Will.
To make a telephone appointment to discuss your Will please call 01524 386500.
