Three quarters of people in the UK do not have a will - leaving their families walking a financial tightrope when they die, says new research from Friends Provident.
James Ward, director of marketing at Friends Provident, says: “Where there is a will there is a way… to determine exactly where your hard earned cash and assets go when you die. Our research found that 43% of people don’t currently have a will but do plan to make one. Let us hope it is something they decide to put into action soon rather than delaying. Planning for what would happen to your money after your death isn’t pleasant and it might seem easier to ignore, but it may help safeguard your family’s future.”
Life insurance: News update: February 2008