While death is inevitable, delays, disputes and unintended consequences in estate administration can be avoided with forward planning, writes Caoilionn Hurley. Here she explains how IFAs can help clients deal with estate planning inertia
The current crisis has forced us all to think more about our own and the mortality of our loved ones. According to research by deVere Group, will enquiries for solicitors are up 75%, reflecting the deep concern in our communities about the threat of coronavirus. But when the current crisis passes, there will still be a real need to address the underlying issue - estate planning inertia. IFAs can and should help to plug this gap in legal estate planning provision. Typically only half of people who are married or in a civil partnership in the UK have made formal legal arrangements ...
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