But Martin says you need to act fast
Martin Lewis is encouraging people to create a will while it can be done at a reduced cost or even for free this month. A will is a vital part of planning for inheritance tax, as it enables individuals to decide how and to whom they distribute their assets, potentially reducing the tax paid on their estate after they pass away.
Martin Lewis has highlighted that services offering a 'free will' could be coming to locations across the UK, such as Liverpool, Manchester, Belfast, Birmingham, Bristol, Cardiff, Newcastle, Swansea among others. He said: "If it's not on in your area now, the likelihood is that it will be in March," reports the Express.
Martin added: "It's organised on behalf of Age UK, Alzheimer's Research, British Heart Foundation, Marie Curie, Mind, Samaritans and more, in the hope you'll leave a bequest of typically £300 to £500. It's not compulsory, but it is a charity scheme, so do it if you can."
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