A recent survey found that 73% of people have not properly documented financial assets such as pension plans and life insurance policies in their Wills. In addition 16% of those surveyed admitted it would be difficult for a spouse, partner or other family member to locate their financial assets.
The survey of 2384 adults was carried out by YouGov and revealed the importance of documenting financial assets when making Wills. Estimates suggest more than £15 billion of assets remain unclaimed in the UK as relatives have not traced ownership of bank accounts and policies of deceased family members.
Lawson-West recommend that anyone making a Will also stores documents of financial assets either with the Will or makes a Letter of Wishes outlining where the documents are.
It is also worth considering making a list of email and/or social networking site memberships and passwords alongside a Will so that loved ones can either delete accounts or turn a social networking page into a tribute page if appropriate.
If you would like to make a Will, please call 01858 445480 now or complete one of the on-line forms. You can make an appointment at any of our branches in Market Harborough, Wigston or on Uppingham Road in Leicester. We can also arrange a home or hospital visit if you are unable to attend any of our offices due to your ill health.
From 1 June 2010 until 31st July 2010, Lawson-West are running a SPECIAL OFFER - make a standard Will for just £99 (plus VAT) or standard mirror Wills for £150 (plus VAT).
