2016 has been a year of celebrity deaths, the most recent being the sad news of Pete Burns. Many celebrities such as Prince, Rik Mayall and Amy Winehouse died without having made a will, i.e. intestate, causing extra grief and financial consequences for their family at an already difficult time. There have been a number of reports about these issues and statistics shown here by the Citizens Advice Bureau highlight the confusion that can result. Whether of high net worth, young or old, making a will can avoid these problems.
The number of enquiries about people who have died without making a will has more than doubled over the past five years, Citizens Advice says.The charity told BBC 5 live Daily it had 1,522 such queries in 2011, rising to 3,747 in 2015, along with a rise in queries about problems executing wills.According to a YouGov survey, nearly two thirds of the British adult population do not have a will.Lawyers say not leaving one can cause financial stress for loved ones.Last month it emerged that the musician Prince died without a will - a situation known as intestacy. A bank was brought in to manage his assets, worth hundreds of millions of dollars.