Startling new statistics have revealed that almost 50% of couples in the United Kingdom do not know where their partner’s Will is kept.
This has raised alarm bells with many legal experts, who are concerned that this lack of knowledge could cause distressing delays to managing an estate when the testator dies. Will writing solicitors in North Wales continue to advise their clients to ensure their Wills are stored in a safe place and their loved ones are aware of this.
Other concerns have been raised about the even higher number of individuals, almost 70%, who have no idea where their parents’ Wills are, and when it comes to siblings, the percentage is even higher, coming in at nearly 90%. This lack of knowledge can result in significant hold-ups in the probate process which could have both a mental and financial impact on those expecting to deal with the deceased’s assets.
Many solicitors are strongly advising that people have the discussion with their family members about the whereabouts of their Wills and other important documents. Often, the recommendation is to store a Will at the secure office of the solicitor who prepared the paperwork. This would make the job of an executor much easier and will streamline the process of making, completing and storing this vital document.
Here at Bennett Smith Solicitors, we can provide up-to-date advice and guidance on all aspects of Wills and Will making, so contact us now to book an appointment.
