According to 2016 research conducted by Perpetual Guardian, 38 per cent of Kiwi adults don’t have a will, and apathy is the biggest reason people don’t get around to it.
Beneficiary risk: The new reason to change your will
Charlotte Lockhart, sales and marketing director at trustee company Perpetual Guardian, said changes in the lives of the testator’s beneficiary was a little-recognised reason to change your will. This can be termed beneficiary risk, and it is very real in a country where many people own their own businesses, and have signed personal guarantees with lenders like banks. Many people change …