News in brief
Four out of five married couples with dependent children don’t have a Will
The National Consumer Council (NCC) stated recently that close to four out of five married couples with dependent children don’t have a Will. For unmarried couples the figure is even higher, making them particularly vulnerable.
A surviving partner can risk losing personal possessions, cash and property, as current inheritance laws do little to protect unmarried couples.
NCC who carried out the survey of over 2,500 people describes the results as a ticking time bomb and is now calling on the Government for urgent action.
Dying without a Will can leave all sorts of headaches for those left behind.
Creating family feuds, and leaving relatives short of their inheritance.
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This article is for your general information and use only and are not intended to address your particular requirements. The articles are based on our understanding as at the 7th November 2008. They should not be relied up on in their entirety. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. Articles that make reference to the Pre-Budget Report are subject to the Finance Bill becoming law. |