54% of Australians don’t have a Will*

Printer Friendly Version

Author: Mark Phillips
Publish Date: October 25, 2008

GOOD WILL WEEK

 

25 October 2008

 

*This is a media release issued by John Hatzistergos - NSW Attorney General

Marking Good Will Week 2008, NSW Attorney General John Hatzistergos revealed the results of a survey which found that 30% of people would write someone out of their will if that person did something to upset them.

He said the survey, which looked at people’s family structures and attitudes towards keeping a will, also found that 16% worry they may not inherit what they think is coming to them.

“Good Will Week is a reminder that we should all make out a will, and make sure we update our will when our personal situation changes,” said Mr Hatzistergos.

“If you want to make sure your estate is divided between your loved ones in the way you would like it to be, I urge people, no matter how young or old, to take this opportunity to make a will.”

Mr Hatzistergos said the survey, “Inheritance: Do You Think You’ll Get What You Deserve,” found that 54% of people aged over 18 do not have a will.

“Most troubling was that the survey found that 93% of young people, aged between 18 and 24, do not have a will.”

The survey, conducted on behalf of the NSW Public Trustee, the organisers of Good Will Week, asked 1,000 Australian’s about inheritance and their concept of the family. It found that:

53% of people have something in mind they would like to inherit.

 

Almost 70% of younger people (aged 18-24) have something in mind they would like to inherit

 

Younger people are almost twice as likely to have a parent who has been in more than one marriage or long term de facto relationship than those who are over 54 years old

 

Around one third of the population has a half or step-sibling

 

31% of adults consider a close friend as part of their extended family

 

54% of young people want to find out more about their family history while 16% of adults already know a lot about their family history

Back

   
     © 2012 Symons Phillips Lawyers  
Phone: 02 6295 5555 Fax: 02 6295 5566 Email: admin@symonsphillips.com.au Firmsite by FindLaw | Disclaimer