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Many clients misunderstand will writing to their detriment. Hugo Smith highlights five common reasons people give for putting off reviewing or making final decisions

29 August 2013

People who enjoy writing their will are few and far between. Nonetheless, most know that making one, and keeping it up to date, will bring peace of mind. They also feel that they owe it to those who matter to them.

Not getting round to making a will is an easy temptation. People think it can wait until they are less busy at work or get married or have children or retire, but the 'reasons' never stand up to analysis. An up-to-date will used as a stopgap is infinitely better than not having one at all, or having one that is out of date.

So, why do people delay or avoid the process?

1. "I don't need a will because my wife/husband/civil partner will inherit everything anyway, and that is what I want to happen"

Wrong. If your client has children, their wife/husband/civil partner will not inherit everything unless their estate is worth less than £250...

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