UK adults should be looking to review their will on a regular basis.
Nadiya Virani-Bland, head of private clients at Brethertons Solicitors, noted as people go through life's big events, such as getting married and having children, the document needs to be altered so all of their dependents are covered financially.
"I would recommend making a will as soon as you own any assets or have a family or are in a committed relationship," she added.
Parents in particular should be looking to put provisions in place, as a will allows them to appoint a guardian to "control who will look after money for their children" and decide when their kids get access to funds.
Individuals also need to make sure they appoint a qualified professional to draw up the legal document and this is because homemade wills can lead to disputes about how someone's finances will be split.
If there is no will in place then it can take months – or even years depending on the complexity of the situation – for a person's estate to be sorted out.