60% of UK adults have no will

Almost six out of ten adults in the UK have not written a will, according to a new survey commissioned by children's charity Barnardo's.

The research revealed that 58 per cent of adults could be putting their family's financial future at risk by failing to write a will.

This rises to 74 per cent of cohabiting adults, with "always meant to but never got round to it" being the top excuse.

Among those that have already written a will, one in five said having children prompted them into action.

Writing for MarketWatch recently, financial expert Ruth Mantell said that writing a will is more important than ever once children are entered into the equation.

Ginny Harris, marketing manager of the Barnardo's Gifts in Wills campaign, explained that many people are under the impression that their money and assets will automatically go to their immediate family members.

However, she pointed out: "Dying without a will can cause a lot of problems for those who are left behind. Writing a will really is the best way of protecting the interests of family and loved ones."

Posted by Gemma Roskell

Published on: April 29, 2010

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