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You're never too young or too old to make a will, according to international charity Help the Aged.
It has this week highlighted the importance of writing a will, saying it should not be put off as it will provide peace of mind and ensure those you care about are protected.
Head of wills and legacies Helen Forster warns cohabiters that without a legally valid will, assets will not necessarily pass to the partner.
And she also urges those with savings or a home that could push them into the inheritance tax bracket to ensure their will maximises tax savings.
"It's your opportunity to ensure that your hard-earned savings pass to the individuals or charities of your choice, rather than as laid down by the intestacy rules, which may not be in accordance with your wishes," she comments.
According to a report by the Co-operative Legal Services, the average UK person is 59 before they write a will.
The 40,000 adults who die before they reach 59 without making a will can leave financial difficulties and uncertainty for their families and loved ones, it states.





