Rise in Married and Civil Partnership Couples affects Protection

The number of married and civil partner couple families in the UK went up by 187,000 between 1996 and 2015 to 12.5m according to the Office for National Statistics which also found that these couples, with or without children, were the most common family type.

Jan Kinghorn at Investment Solutions said: 'Protection is likely to be important for anyone, whether formally recognised or not, as financial responsibilities will often be shared. Making a will is an important step for all of us, arguably more so for those who are cohabiting, as the laws on intestacy can lead to some unintended results. Ensuring the right money goes to the right person at the right time can be reinforced by the appropriate use of trusts.'

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