A handy online tool also identifies any unclaimed inheritance for your surname.
New research has revealed the 15 surnames most likely to be due an inheritance - with one last name being worth almost £19 million. The wills and probate team at national law firm Richard Nelson LLP, have taken a deep dive into the latest unclaimed estates data and discovered that in total there are more than 6,000 people across Britain who could be owed a substantial sum.
Off the back of these findings, Rebecca Head, consultant solicitor at Richard Nelson LLP, has called on Brits to check they have an up-to-date will in place. Top tips for creating or updating your will Identify what your estate consists of The first thing to tackle when drawing up a will is to create a list of all of your assets and debts to understand how much your estate is worth.
Select an executor Choosing the right executor is important when writing a will as this individual will be responsible for dealing with your estate after you have passed away and it can be a demanding task. Name the beneficiaries in your will The beneficiaries in your will are the people or person who will receive some or all of your estate when you die.
Latest Personal Finance News Take advice from a professional Hiring a good solicitor to draw up your will is well worth the money to ensure there are no mistakes and it is written correctly. While it may seem like an unwanted cost it will help to avoid any extra payments your family may have to cover such as from an inheritance tax bill.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I'm a car expert - my tips on how to save hundreds on car insuranceA CAR expert has revealed her top tips for how to save hundreds on your car insurance. Abigayle from She Talks Cars took to TikTok to share the handy hacks with her followers. First of all, she adv…
Read more »
Shopper's 7 bargains he found in Farmfoods - & people are saying the same thingA SAVVY shopper has shared the seven best bargains he spotted in Farmfoods this week. But Elliot William, who regularly shares his handy tips and tricks to make the cost of living crisis more manag…
Read more »
How to start cycling to work — beat the cost-of-living crisis and feel healthier and happier commuting by bikeHow to start cycling to work — beat the cost-of-living crisis and feel healthier and happier commuting by bike Everything you could ever want to know about bike commuting with loads of handy tips to start you off cycling
Read more »
15 tributes, death and funeral notices from across NottinghamshireOur thoughts are with the friends and family affected
Read more »
Here's exactly how thin the iPhone 15 Pro bezels are likely to lookSlimming down
Read more »
World Scout Jamboree: 'Concerned' mother says teenage son faced 'hugely uncomfortable' conditions in heatwaveAround 4,000 UK Scouts have been evacuated from the World Scout Jamboree in South Korea to hotels in the capital Seoul due to a heatwave.
Read more »