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Northern Ireland residents 'never too young to write a will'
27/06/2008
It is never too early to visit solicitors to draw up a will, according to Help the Aged.
The charity has commented that whether or not to write a will depends on circumstances rather than age.
Head of wills and legacies at the charity Helen Foster said that for the wealthy, it is always useful to consult solicitors and maximise inheritance tax savings.
She continued, saying that those who live together but are not married should not assume that their possessions will automatically go to their partner.
To have "peace of mind" it is best to make a will as soon as possible, Ms Foster remarked.
"It's your opportunity to ensure that your hard-earned savings pass to the individuals or charities of your choice, rather than as laid down by the intestacy rules, which may not be in accordance with your wishes," she explained.
According to research by the Co-op, the average person in the UK does not write a will until they are aged 59 and 72 per cent of respondents told the survey that they "aren't concerned" about planning their inheritance.
Contact us for legal advice
The charity has commented that whether or not to write a will depends on circumstances rather than age.
Head of wills and legacies at the charity Helen Foster said that for the wealthy, it is always useful to consult solicitors and maximise inheritance tax savings.
She continued, saying that those who live together but are not married should not assume that their possessions will automatically go to their partner.
To have "peace of mind" it is best to make a will as soon as possible, Ms Foster remarked.
"It's your opportunity to ensure that your hard-earned savings pass to the individuals or charities of your choice, rather than as laid down by the intestacy rules, which may not be in accordance with your wishes," she explained.
According to research by the Co-op, the average person in the UK does not write a will until they are aged 59 and 72 per cent of respondents told the survey that they "aren't concerned" about planning their inheritance.
Contact us for legal advice
