3 in 5 adults don’t have a will

Most adults either don't have a will in place or have given no thought to writing one, according to a study.

YouGov polled 2,089 over-18s on behalf of insurance company Royal London, with 60% admitting they have no will and a third (33%) haven't considered writing one.

77% of cohabiting couples have not written a will, despite the surviving partner having no legal entitlement to inherit an estate if their partner was to die.

A valid and up-to-date will ensures an estate is distributed according to the deceased's wishes, while also potentially reducing the inheritance tax liability for the beneficiaries.

Mona Patel, consumer spokesperson at Royal London, said:

"Writing a will may seem daunting and with everything else we should be thinking about, it becomes another chore on the to-do list.

"It's especially important for cohabiting couples to have a will as the surviving partner does not automatically inherit any estate or possessions left behind.

"By having a will in place, your loved ones will be able to easily locate all your assets and carry out your wishes when you have gone."

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