One trillion pounds worth of property not covered by a Will
M and more people shou
aking your Will is one of the most important aspects of financial planning should be addressing
essing
this without delay, says proper Move with Us, fol
ollowing
which revealed that over a trillion worth of property is not in a Will. The average UK
ing recent not current
UK proper orth of
operty specialialists ent research ion pound
nds
ently inc operty is
now worth £165,000 and a recent conducted by Move with Us 52% of homeowner leaving over £1 trillion the whim of the int
ners were withou ion wor
intestacy laws.
In the new year many people would have embarked on a number of good intentions such as giving up smoking or going on a diet. Although both of these resolutions are worthy goals, sorting out your Will is instant and achievable and will offer significant benefits.
Giving up smoking can save £2,000 a year in addition to the obvious health benefits but the creation of a Will could, on average, protect the legacy of a £165,000 property.
WHO GETS YOURS?
Russell Cade, Move with Us director, said: “It is shocking to think that there are billions of pounds worth of assets not protected should anything happen to any of the 52% of UK homeowners that do not have a Will. It is now the perfect time to for people to put making a Will at the top of their to-do list. Stopping smoking
may be able to save people £2,000 a year, but using one simple legal document can protect what’s likely to be people’s single biggest asset, their home. We recommend that this is produced with the help of a fully qualified and regulated Will Adviser, to ensure that your last wishes are wholly represented.”
included ent survey
Us revealed that hout a Will, of proper
operty at
PROPERTY & HOMES Four Shires
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