| 03/03/2010 |
A proper will 'is the best way to achieve your last wishes' |
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| British people have been warned that they should not leave their inheritance to chance if they have specific wishes about where they want their assets to go. This was the advice of financial expert Margaret Stone, who was discussing wills after receiving a reader query for her Daily Mail column. The correspondent, an elderly man without children, had enquired as to whether he could guarantee that his estate would go to his sister and not his nieces and nephews when he died. Ms Stone said no, unless there is a valid will in place which specifically decrees this should be the case. "As long as you make a will, you can leave your worldly wealth to anyone you choose. "However, if you die without making a will, the rules of intestacy kick in and the state chooses who gets what," she warned. In November 2009, Vincent Duggleby said on BBC Radio 4's Moneybox Live programme that as many as 60 per cent of Britons do not have a valid will in place.  |
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