People who fail to make a will could leave their loved ones with a hefty inheritance tax bill, website Unbiased has warned.
The site's warning comes as its research revealed almost 29 million people in the UK (58% of the population) are currently without a will. It also coincides with today's launch of its fourth annual Write a Will Week, in partnership with Octopus Investments. Karen Barrett, chief executive of Unbiased, said: "People spend their lives providing for their loved ones, yet lack of action in planning their affairs for after they have gone could lead to a hefty inheritance tax bill, not to mention additional stress for the family and potential delay in distributing assets." The research fo...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes