Almost three quarters of parents in the UK have no legal plans in place to make sure their children are looked after should the parents die, according to research from Solicitors for the Elderly (SFE).
And only two out of 10 parents understand that social services or the courts can step in to decide what happens to children if there is no will in place.
SFE has been calling on parents to make sure they have an updated will in place during ‘Update Your Will Week’ 2023...
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
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 PAMeprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.
Read more
