RESEARCH ON WHY PEOPLE DO NOT MAKE A WILL

(78 Posts)

MNHQ have commented on this thread.

gwen52 Wed 12-Feb-14 14:58:08

I am an International Willwriter with over twenty years in the industry working with ex-pats, therefore I have made it my business to keep abreast of new EU succession regulations which were ratified in June of 2012 and must be implemented by August of 2015.

70% and over of the population do not have a Will, I wish to research why. I am not selling I'm just curious to hear from anyone who does not have a Will what the reasons are for putting it off.

JeanSeberg Wed 12-Feb-14 15:00:47

Never got round to it which I imagine will be a common theme.

ProfYaffle Wed 12-Feb-14 15:01:13

Cost! dh and I did mirror wills last year in WillAid month. Prior to that we'd looked at the cost, blanched, and put it off several times. I think I ended up looking at the Willaid website and signing up, then it e-mailed me a reminder in October and we made an appointment.

gwen52 Fri 14-Feb-14 08:59:28

Thank you both for your response.

I had hoped for a few more to get an over all picture, but I agree cost is probably a major factor in this current economic climate. I'm pleased to see that you Profyaffle took advantage of the Willaid week it proves it works. What I will say to you Jeanseberg is don't put it off my advise would be to speak to some Will writers in your area and see if they would let you pay weekly or monthly, as they too like all industries are suffering at present and some business is better than no business and they just might be willing to meet you half way, worth a try.

I wish you both well and thank you once again for your honesty.

Kind regards

Gwen Leader

JeanSeberg Fri 14-Feb-14 09:07:49

I've no idea what to expect to pay - is it really that expensive? Ball park figure? My situation is very simple.

Piscivorus Fri 14-Feb-14 09:16:18

I think sometimes people are unwilling to face their own mortality, particularly as they get older. It almost makes your own death seem nearer and more inevitable I suppose.

My Dad always did all the finance for my parents and when he died Mum was clueless, she didn't know anything about pensions, home costs, etc. Since being on her own she has learned to cope with day to day stuff but resolutely refuses to talk about a will, it is clearly very uncomfortable for her to think about or discuss. I get the impression that she thinks it is tempting fate.

Wincher Fri 14-Feb-14 09:18:36

My husband is a solicitor and he says we don't need one at this stage, as we are happy for our estates to go as they would do under intestacy rules and we don't have over whatever sum it is when things get complicated.

ProfYaffle Fri 14-Feb-14 09:19:15

When we looked it was something like £300/£400 but was £100 (maybe £150? can't remember) through Willaid but they have to be very simple to qualify for the scheme.

The solicitor we went to said they get very busy and do lots during November.

JeanSeberg Fri 14-Feb-14 09:22:15

I'm surprised at that advice Wincher. It was difficult enough sorting my late mum's affairs with a will - I naively didn't realise until she died that a will is only half of the required 'paperwork', you also have to apply for probate.

DawnMumsnet (MNHQ) Fri 14-Feb-14 09:54:36

Hi all,

We'll shortly be moving this thread to our Media/non-member requests topic.

Thanks to all who have contributed so far.

gwen52 Sun 16-Feb-14 08:55:07

Thank you once again for all the feedback.

One thing I will say making a Will is not just about money, as a grandmother I made sure that not only my partner and I have Wills but also made sure my children were made aware of the pitfalls of not making a Will naming guardians.

I agree that it makes you think about your mortality and people do tend to think if they make a Will today then they will die tomorrow, I made my Will several years ago I'm still here, dying intestate is not a good idea for those left to pick up the pieces I assure you as several people here have pointed out.

Once again thank you to all of you for your feedback.

AcrylicPlexiglass Sun 16-Feb-14 09:16:11

Yes, cost and haven't got round to it here too. My partner has recently acquired a very serious disabling illness and nearly died and during that awful few days where he was in a coma the small part of my mind that wasn't entirely focused on willing him to stay alive occasionally wandered to thinking "oh shit, why didn't we get the will done?" Luckily (because we love him, not because of wills!) he has started to recover slowly and I hope surely. But he is severely disabled for the moment and I wonder whether he will have the capacity to make a will for quite some time. Do you have any advice on what should I do if he doesn't have capacity, Gwen? Should I just make a will for me rather than a mirrored one with him, which was our plan? We have no assets apart from the house at the moment. We are buying our home together as joint tenants and obviously the children would need guardians appointed if both of us die before they reach 18.

mrsnec Sun 16-Feb-14 09:23:43

Hi, in my family we are currently facing a very nasty court battle over my father's will and its put everyone who hasn't made one off making one since they feel it's not worth it if they're so easy to contest anyway. I also know my expat relatives won't make one as they just agree with the inheritance laws in the country where they live and don't see the point.

sneakyday Sun 16-Feb-14 09:28:13

Cost, havent got round to doing it, not much to divvy up anyway. Also one of the reasons we chose to marry was to make all this stuff easier.

ssd Sun 16-Feb-14 09:37:05

surely if you are married and you died, your spouse would get everything you jointly owned and if you both died it would be split between your kids, so why need wills?

mrsnec Sun 16-Feb-14 09:40:56

It isn't always that simple but a lot of people think it is. In my relatives circumstances that is the reason they haven't ssd, but it gets complicated when there are second and third marriages and stepchildren involved as is the case with my situation.

dementedma Sun 16-Feb-14 09:44:39

Cost

VelvetStrider Sun 16-Feb-14 09:45:41

Firstly it means facing up to your own mortality, and secondly, lawyers have a reputation for charging hundreds of pounds an hour so people think it will be very expensive. Also you hear things about DIY will kits not being worth the paper they are written on, and it just seems like a very complicated process.

gwen52 Mon 17-Feb-14 12:47:15

Firstly let me say to acrylicplexiglass, I was immensely touched to read about your partner. However I do suggest that you do make a Will to safe guard your children in the unlikely event of anything happening to you, your partner may not be able to look after them at this stage. If you are worried about cost please feel free to contact me on office@eu-compliantwills.com and I am sure I can be of assistance. In the mean time I wish your partner a speedy recovery.

I would like to dispel a common myth, it does not necessarily follow that because you are married you will inherit everything, also guardians do need to be named. As for a Will being contested yes this can happen, however it is the testator/testatrix's last wishes and there will have to be a very good case for the judge to over rule this, so making a Will is always the best option.

Overseas assets are in fact our forte, please feel free to give our contact details to your relatives as they will need specialist information which I would be happy to provide. Making a Will does not have to be expensive again check our website.

Once again I thank everyone for their input, it really helps me in finding out peoples concerns, which I am more then happy to address for you.

lljkk Mon 17-Feb-14 12:53:27

I would guess about 30% of people over 30 don't have enough assets to worry about.

I don't have anything to leave, when we buy a property then I will make one.

vestandknickers Mon 17-Feb-14 12:56:21

Just haven't got round to it. Don't have much to leave and would want everything to go to my husband and children which is what would happen anyway.

Willyoulistentome Mon 17-Feb-14 12:57:27

There are step children involved as well as our own two. I just know dh thinks that one we both die, verything should be spilt 5 ways, which I don't. I think my half should be split 2 ways( I have 2 kids) and his half should be split 5 ways. ( he has 5 kids).
However my name is not on the deeds of our house, although we have been together in it since it was bought, and we have split the outgoings more or less equally.
I just haven't been able to psych myself up for the huge row that making wills is going to cause.

crap excuse I know.

wishinguponmanystars Mon 17-Feb-14 13:00:14

I have nothing to leave at the minute also cost and how to go about it as I have no knowledge of wills except what it is

Christelle2207 Mon 17-Feb-14 13:03:37

We did ours through willaid recently. £140. Finance issues are straightforward but we wanted things to be clear regarding our baby son's future should we both die.

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