If you haven’t made a will, you’re in good company — or should I say bad company, because some of the excuses are up there with “the dog ate my homework”. According to some research done last year, more than half the adult population of the UK doesn’t have a will. Reasons why include: it will bring you bad luck, and everyone knows you are bound to die as soon as you so much as think about making one. Then there’s the “I’m a busy person” routine. You just haven’t got round to it. Anyway, you’re too young and time is on your side. Next up is the cost — legal work is always outrageously expensive, isn’t it? You don’t have much in the way of money and possessions to leave to anyone, anyway, so it’s not worth bothering with all that “last will and testament” nonsense. After all, your family will get everything anyway if you don’t make a will, so making one really isn’t worth it. Wrong, wrong and wrong again Sadly, anyone coming up with these reasons for not having a will is very, very wrong. You can’t argue with superstition, but common sense – not to mention medical statistics – will tell you that making sensible financial provision for your family is not among the top causes of premature demise. If you’ve got time to watch the latest TV blockbuster, you’ve got time to create a will. Also, the cost of a simple will will almost certainly be less than what you spend on meals out in a month. And if you need something a...Part of the process of writing a will is planning to ensure that if a gift fails it is clear what you want to happen instead. Not only will we help you identify your gifts, assets and beneficiaries clearly, but we’ll also give you the option of stating what should happen to any gifts which may fail. For example, where someone has died, you could choose for the gift to go to or their children instead, or someone else you specify, or have it returned to the residue of your estate. It’s entirely up to you. If a gift fails and you have not specified what you want to happen to the item or money instead then it will become part of the residue of your estate and is distributed according to your instructions. Related Articles: Why might a gift in my will fail? Back to the Knowledge... The new version of our website is live today, we hope you like it! Early registration for our online service starts now, with the full platform online very soon.