Singles 'less likely' to have a will

Singles are neglecting estate planning, leaving them less likely to have their dying wishes fulfilled, new research has found.

Those who have offspring under the age of 18 or people without a partner are less likely to have a will than those who are married, according Standard Life's 2008 Wills and Trusts Research Report.

Consequently, singletons could have more of a need to go online and write a will.

Of those surveyed in October 2008, 48 per cent have a current will drawn up, which is down from 49 per cent in the same month of 2008 and 50 per cent in October 2006.

Julie Hutchison, head of estate planning at Standard Life, says that it is "particularly concerning" that single people in the UK are more likely not to have made a will.

She says that if these people die intestate "any plans made to leave the estate to friends or charities will remain unfulfilled and if there are no family members alive, the whole estate will go to the Crown".

Published on: January 12, 2009

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