59% of UK adults have not written a will
In 2016, 59% of UK adults have not written a will. According to Unbiased.co.uk this varies depending on peoples’ age and for 19-34 year olds it is 76%, and it reduces to 68% for 35-54 year olds and for those aged 55+ it is still over a third at 36%.
At Cotswold Independent Financial Services, we are members of the society of Will Writers. When you don’t have a legal will, the management of your wealth in the instance of your mental incapacity, coma or death, is regulated by conventional rules of intestacy. This means that your wealth is distributed according to guidelines which may not necessarily suit you. Read more about Wills & Power of Attorney.