Money Box Live: How Do Wills Work?
Wills can also be complex and sometimes painful for families. We're looking at how to make one and what they mean for your money.
More than half of adults don't have a Will according to new research from insurance company Canada Life. The main reason people say they haven't sorted one is that they don't think they have enough money to leave behind.
So what types of Will are there and what do they mean? We'll be hearing from one man who says he was disinherited over changes to a Mirror Will. We also speak to a mother concerned about digital assets following the death of her son.
Plus, what happens if you don't have a Will at all, where will your estate go?
Felicity Hannah is joined by Nina Sperring, Partner at Price, Slater, Gawne solicitors and is a member of STEP, the Society of Trust and Estate Practitioners which specialises in estates and Wills and Jade Gani, Chief Executive of Circe Law and a Director of The Association of Lifetime Lawyers.
Presenter: Felicity Hannah
Producer: Sarah Rogers
Reporter: Neil Morrow
Editor: Jess Quayle
(This episode was first broadcast at 3pm Wednesday March 27th 2024)
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