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28/07/2008
Charity advises consumers to review their will 'every five years' |
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Help the Aged has warned consumers that they should review their wills every five years as a person's circumstances may change.
Helen Foster, head of wills and legacies at the charity, said that changes in assets or the birth of a child were just two examples where someone would need to consider changing their will.
Ms Foster highlighted the importance of getting a will drafted properly. She explained: "It's better to pay to ensure a properly drawn-up will now than to leave your heirs with thousands of pounds of legal fees and the stress of sorting out an unclear or poorly drafted will."
Will Aid is a charity fundraiser which aims to encourage people to leave legacies to charities when they make their will and the organisation will be running a National Make A Will month in November this year.
A poll conducted by finance website fool.co.uk found that as many as one in 25 people will "die broke", because they have failed to put the correct provisions in place. |
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