Risks of not making a will highlighted in Chester

A law firm based in Chester has joined forces with one of the UK's leading cancer charities to highlight the risks of not taking the time to make a will to provide for loved ones after death.

The Chester Chronicle reported how estimates suggest that around two-thirds of Brits do not currently have a will, meaning that their estate would be distributed in accordance with intestacy laws rather than their personal wishes.

Bik-ki Wong, associate solicitor and head of the firm's will writing team, stressed the need for people of all ages – though particularly retired individuals or those with terminal illnesses – to make use of will writing services.

"It's really important to make a will, and a well-written one at that, to ensure that the people and organisations you wish to benefit from your estate do so and in the best possible way," the expert told the news provider.

Meanwhile, the government has this month launched a consultation as to whether the inheritance tax rate should be lowered for Brits opting to gift money to a charity when they make their will.

Published by Anthony Hill