25th April 2017
When is the best time to write a Will? The verdict from voters in March’s monthly poll was far from clear – less than a third of respondents could agree on any given answer.
31% stated that they either had written, or would look to write, a Will after their marriage. Another 31% said that having children was the catalyst for them.
For 23%, purchasing their first home was the right stage at which to act, whilst 15% said they did so after becoming financially independent.
One conclusion these results may indicate is that a sense of responsibility towards others is a bigger driving factor than a person’s own financial position, when it comes to writing a Will. 62% felt compelled to visit the subject either when they were married, or when they started a family. By comparison, only 38% were moved to act by a sudden growth in the value of what they would leave behind.
|At what point in your life did you or will you write your Will?||Results|
|After becoming financially independent||15%|
|After having children||31%|
|After purchasing your first home||23%|