Widows urged to seek financial advice

The call follows research conducted by Standard Life, which reveals that only 49% of the UK population have a will, and only 24% have the power of attorney. The research also revealed that 57% of people with children have no will, compared with 48% of those without children, meaning many may not have made adequate provisions for their children. Commenting on the research, Julie Hutchison, estate planning specialist with Standard Life Assurance, says: “For many women, the emotional difficulties of bereavement can be compounded by being faced with additional financial and legal issues. It ...