Help the Aged: Review your will every five years

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Help the Aged: Review your will every five years

Tue 1st Jul 2008

Those with wills should review them every five years, charity Help the Aged has advised.

Helen Foster, head of wills and legacies, said changes in assets or the birth of a child were two examples of how circumstances might change.

She explained that advice on wills is "not difficult to obtain", being available from charities, the Citizens Advice Bureau and government bodies, while solicitors would probably charge a fee.

A report by the Co-operative Legal Services found that the average Briton is 59 before they write a will - but more than 40,000 adults die before the age of 59 every year.

Most Britons (72 per cent) are not concerned about making a will, with a third of people saying they were too young to have one and 40 per cent claiming they have nothing to pass on.

Another poll, by money website fool.co.uk, found last month that one in 25 people will "die broke", not having the correct provisions in place.

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