Almost half of Australians do not have a valid will
Posted
by DPS
Recent research undertaken on behalf of national law firm, Slater & Gordon, has found almost half (47%) of Australians do not have a valid will, leaving almost $2.5 trillion in personal wealth up in the air after the death of a loved one or family member.
The research, which involved a survey of 1,055 Australians, found some two-thirds (63%) of people without a will know they should have one but don’t have the time to have one prepared or had never really thought about it.
A further 12% mistakenly believe that their estates will automatically go to their family regardless of whether they have a will or not.
