How Important is it to have a Will?
In the very likely event that you and everyone is going to pass away.
Here in the UK it is not automatic that your loved ones are the ones that will be granted access to all your assets. There are lots of reasons for this, taxes, people contesting, and not all assets being known.
A will is a great way to make sure that the people you love get what you want them to have. A place to ensure that all your assets are listed and distributed the way that you want.
I suppose we need to be mindful that young people do not think that a will is necessary, and it is understandable. However, the amount of people that do not have a will under the age of 60 is shocking. In total the percentage of eligible people to have a last will and testament is only 11%.