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After Aretha Franklin passed away last month, details emerged that she did not have a will, leaving uncertainty over what will happen to her estate.
With a huge number of adults in the UK not having written a Will yet, we take a look at some key pieces of information around Wills that you may not know…
Arguments during the festive period may have caused a spike in will amendments.
To cater for the digital age, electronic wills could be made acceptable to make the process more accessible, but just how wise is it to simplify the process?
Over half of British small business owners do not include instructions on what to do with company shares in the event of their death.
Over £400 billion could be passed down from grandparents straight to grandchildren in the coming decades.
People are being urged to leave their loved ones clear instructions on how to access personal accounts including social media, websites and bank accounts.
Without a will you have no control over what happens to your estate once you die. Will Aid aim to raise awareness of the importance of writing a will as soon as possible.
With more UK families paying inheritance tax than ever before, the government has introduced new rules for the inheritance tax free allowance.
Last year, almost £1 billion was left ownerless as a result of people dying without having written a will. But what happens to this money when no recipients have been specified?
When writing a will or planning your estate you should also think about your digital assets and what will happen to them once you are gone.
Discussing what will happen after you die is often a taboo subject, however it’s wise to start planning as soon as possible.
The number of families in the UK paying inheritance tax is at a 35 year high...
With reports showing that almost £1 billion has been left ownerless this year due to a lack of wills, it goes to show just how important estate planning is.
You may be eligible for an extra ISA savings allowance.
The number of wills that are being contested is increasing after family members dispute the wishes of deceased relatives.
One woman went to court and received over £150,000 of her mother's estate, despite not being included in the will. Does this mean that your will could be contested too?
While many of us put off making a will for various reasons, the perceived high costs of legal assistance is not always one of them.
If you have not made a will you are not alone. Fifty percent of UK adults have not made a will. Here are the five most common reasons why.