The majority of cohabiting couples could be leaving their partner unprotected when they die by not leaving a will, as 55% falsely believe the concept of ‘common law marriage' provides the same rights as married couples.
Research carried out by Advicenow as part of the organisation’s LivingTogether campaign, reveals cohabiting couples could be in serious trouble if they don’t prepare for the future, providing a possible business opportunity for advisers. The findings show 60% of couples haven’t made a will, yet it points out 41% of those without a will say they would want the majority of their property and assets to pass to their partner if they died, when in reality, their estate would pass automatically to their next of kin, and their partner could be left with nothing Meanwhile more men, 47%, than wo...
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