There is a considerable lack of awareness among homeowners for the need for a will, leaving many vulnerable to serious financial difficulties, says a new report.
This article first appeared on Your Money. According to mortgage broker Oportfolio, despite making a will being an essential part of becoming a homeowner, 7 million homeowners currently do not have one. The report highlighted that since 2009, the number of people with wills have gone down four per cent - to 35% of all homeowners, with a lack of awareness being cited for the main reason for the numbers going down. However, the report highlighted that homeowners without a will leave themselves exposed to ‘potentially very difficult financial circumstances'. Homeowners are being a...
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