Research commissioned by SFE (Solicitors for the Elderly) and Ware & Kay Solicitors shows 67% of parents in Yorkshire have no legal plans in place to make sure their children are looked after, should the parents die.
According to the research, parents in the region are almost completely unaware of the risks of not identifying a legal guardian in a will. Only one out of ten of parents understand that social services or the courts can step in to decide what happens to your children if you don’t have a will in place.
SFE, a membership body of over 1,700 UK solicitors specialised in advising people planning for the future, is calling on parents to make sure they have an updated Will in place ahead of Update Your Will Week 2023 (23rd – 29th January).
Sian Foster, Director of Private Client at Ware & Kay in York explains:
“It really is vitally important that parents have a Will in place and appoint a legal guardian for their children. Godparents don’t count as legal guardians, so to avoid the risk of the courts deciding what happens to your children, you really should make a Will and update it every five years.
“It’s crucial to keep your Will up to date and take legal advice when life-changing events happen, like getting re-married or having children. Our research shows that around half of the Wills in Yorkshire are out of date, and many people don’t have one in the first place.”
The new research commissioned by SFE and carried out by Censuswide also reveals:
We recommend reviewing and updating your Will every five years, or when a major change in your life occurs that impacts you or your loved ones, such as divorce, marriage, a new birth or even death in the family. Having an up to date, well drafted will is crucial in ensuring your wishes are carried out in the way you’d like when you die.
Call our estate planning lawyers today on 01904 716000 (York) or 01937 583210 (Wetherby) or 01653 692247 (Malton), or complete our online contact form.