Last year the Treasury gained £53 million from people who died intestate (without making a will).   Only three out of 10 people in the UK have a will.  So why are the majority of us not making a will? We looked at Lucy Townsend’s report for the BBC to see her conclusions.

In this day and age when second and even third marriages are commonplace and couples live together or have children without marrying, it is essential that you should make a will to protect your family from losing out on an inheritance and reduce the risk of financial problems.  We appear to be burying our heads in the sand rather than face up to the thought of dying.  Lucy believes it is our fear of dying that stops us making a will. It is some kind of bad omen.

 

It is true that wills are a form of legal precedent that have been used for many years and so the language used can be daunting for the average lay person, it is this along with having to think about their affairs after they have died that can prove to be too just stressful for some.