eprivateclient

70 percent of parents with children under 18 do not have a will or appointed guardian

News Team, 23/08/2019

In the UK a parent of a child under 18 dies every 22 minutes. This means that by the age of 16, around one in 20 children will have experienced the death of one or both of their parents.

Despite this, 70 percent of parents with children under 18 do not have a will and so have not legally appointed guardians for their children if they were to die, according to research by UK will writing specialists Farewill.

The research, which sampled 2003 respondents, found that almost half of the UK did not know that if they do not have a will, the wishes for the guardianship of their children may not be recognised upon their death, ...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more