25% of Wills Set to End in Financial Mess


A new study has revealed that of the 40% of Brits who currently have wills, 25% of all wills are likely to end in a disaster according to a study from Saga Legal Services. The survey shows that it is often better to have no will than a poorly drafted or incorrect will with many families left with a significant financial burden as a result of a will that does not suit their needs. Saga’s evidence revealed that one in five either downloaded a template from the internet or bought one from a shop whilst 5% drew something from nothing without looking at any aspect of the law. Danger of Poorly Constructed Wills The survey revealed that 37% of all those who took part believed that the main reason they opted for a DIY will was that they believed it was cheaper than going through a solicitor. However one-fifth also believed that it was not worth going to a solicitor as they did not wish to make their affairs knowledge. One in fourteen of those who carried out the survey stated that they had
http://www.raesidechisholm.co.uk/News/legal-services-for-the-elderly/25-of-wills-set-to-end-in-financial-mess.html

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