Being aware of the rules around leaving your pension to a beneficiary after you die can avoid lost money or confusion with wills.
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.
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?
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.