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…
Over half of British small business owners do not include instructions on what to do with company shares in the event of their death.
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.
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.
The number of wills that are being contested is increasing after family members dispute the wishes of deceased relatives.