Making and changing wills: prevalence, predictors, and triggers

Tilse, Cheryl, Wilson, Jill, White, Ben, Rosenman, Linda, Feeney, Rachel and Tanya Strub (2016) Making and changing wills: prevalence, predictors, and triggers. Sage Open, 6 1: . doi:10.1177/2158244016631021


Author Tilse, Cheryl
Wilson, Jill
White, Ben
Rosenman, Linda
Feeney, Rachel
Tanya Strub
Title Making and changing wills: prevalence, predictors, and triggers
Journal name Sage Open   Check publisher's open access policy
ISSN 2158-2440
Publication date 2016-02-15
Year available 2016
Sub-type Article (original research)
DOI 10.1177/2158244016631021
Open Access Status DOI
Volume 6
Issue 1
Total pages 11
Place of publication Thousand Oaks, United States
Publisher Sage Publications
Collection year 2017
Language eng
Formatted abstract
Wills are important social, economic, and legal documents. Yet little is known about current will making practices and intentions. A comprehensive national database on the prevalence of will making in Australia was developed to identify who is or is not most likely to draw up a will and triggers for making and changing wills. A national survey of 2,405 adults aged above 18 years was administered by telephone in August and September 2012. Fifty-nine percent of the Australian adult population has a valid will, and the likelihood of will making increases with age and estate value. Efforts to get organized, especially in combination with life stage and asset changes trigger will making; procrastination, rather than a strong resistance, appears to explain not making a will. Understanding will making is timely in the context of predicted significant intergenerational transfers of wealth, changing demographics, and a renewed emphasis on retirement planning.
Keyword Wills
Inheritance
Intergenerational transfers
Family
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: HERDC Pre-Audit
School of Nursing, Midwifery and Social Work Publications
 
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Created: Mon, 04 Jul 2016, 14:20:19 EST by Miss Rachel Feeney on behalf of School of Nursing, Midwifery and Social Work