The article below confirms that nearly a quarter of people die without a will, and in the vast majority of cases, family are relied upon for information as to assets and liabilities.
This undoubtedly increases the time to administer the estate and the costs of so doing (where solicitors are involved), as well as the likelihood of disputes arising. And, worst case scenario, the risk of costly litigation to resolve these issues.
It is so important to leave your affairs in order to protect those you love and make sure the people you want to inherit can do so!
Inheritance disputes continue to rise. If you have any queries relating to contesting a will or an inheritance then please contact me for a free 15 minute consultation, or one of our specialist private client team who can prepare a will on your behalf:
Solicitors rely on information from deceased’s family for probate, but most people die without putting their affairs in order 95% of probate professionals rely either entirely or somewhat on information from their clients to verify assets and liabilities 23% of people die without a will and most do not leave their affairs in order It takes one and a half times as long to complete probate if the person’s affairs were not in order Free Wills Month offers people over 55 an opportunity to get their affairs in order Most solicitors rely on the information and knowledge of the family of the deceased to complete probate, yet most people die without ensuring their affairs are in order, according to research from probate experts, Exizent. Exizent’s Probate Prospects report found that more than nine in ten solicitors rely on information from their clients to verify assets and liabilities, with 40% saying they rely almost entirely on client knowledge; just 5% say they don’t. However, despite an overwhelming dependence on the deceased to have left all the relevant information and instructions ...