Will warning over missing inheritance

A LAW firm based in the Capital has urged people to reveal details of their financial assets to their families and lawyers, or risk their loved ones missing out on receiving their inheritance.

Gibson Kerr has advised people who are planning to make a will to disclose any savings accounts, shares or other assets that they have, so that their families can access them easily in the event of their death.

The firm says many do not do so and that risks the money not finding its way to family members.

Scott Rasmusen, partner at Gibson Kerr, said: "In some cases, there can be tens of thousands of pounds lying in a savings account which rightfully belongs to someone, but they don't know anything about it."