Death is not something people like to talk about, think about or plan for. However, a little thought, and some planning now, could ease the practical and financial issues your family, friends and dependants will face when you die.
Unless you have a will in place, the law may decide who inherits your estate. Research by Irish Life indicates that:
- 70% of adults do not have a will.
- 53% of parents do not have a will.
- Women (60%) are more diligent than men (53%) in updating their will.
- Nearly half (48%) of married couples or those living together have not updated their will in the last 2 to 5 years.
- Married, separated, divorced or widowed people (56%) are much more likely to have a will in place as opposed to their single counterparts (86%).
(Irish Life research, 2010)
If you do not have a will in place yet, or have not updated an existing will - now is the time to start thinking about it.
While making a will is normally straightforward, it is recommended that you take professional legal advice.
- Talk to your financial advisor - Make an appointment with your financial advisor.
- See a solicitor - Make an appointment with a solicitor to make or amend your will.