Last year, almost £1 billion was left ownerless as a result of people dying without having written a will. But what happens to this money when no recipients have been specified?

When writing a will or planning your estate you should also think about your digital assets and what will happen to them once you are gone.

Discussing what will happen after you die is often a taboo subject, however it’s wise to start planning as soon as possible.

With reports showing that almost £1 billion has been left ownerless this year due to a lack of wills, it goes to show just how important estate planning is.