"More financial commitments mean a greater reliance on income"
Includes life planning and estate administration tools
'Missed opportunities'
More than a quarter have 'no idea' how family would cope financially without them
Policyholders nominate beneficiaries of a death benefit at application stage without the need for probate or a trust in place
Failures in the trusts solution are damaging consumer trust in protection, writes Ruth Gilbert
In the famous words of Benjamin Franklin, in this world nothing can be said to be certain except death and taxes. Many mistakenly believe, however, that inheritance is the same.