Inheritance tax warning issued to 40 million Britons lacking one ‘vital’ document | Personal Finance | Finance
More than 40 million Britons are estimated to have not written a Will, new research by the Co-op shows.
The member-owned organisation found that nearly a fifth (19%) believe that they simply do not need one.
More than half (51%) of those without a Will admitted that they haven’t got around to writing one, whilst one in eight (12%) say that it’s something they simply don’t want to think about.
James Antoniou, head of estate planning at Co-op Legal Services, commented: “Of course, when it…