BBC Radio 4's Money Box was broadcast on Monday, 21 November, 2005 at 1502 GMT.
Less than half of us have an up-to-date will, and without one the state will decide what to do with our assets.
Money Box Live gave those people who have been putting off the deed some practical advice on how to go about it.
We were joined by:
Jan Wright, Solicitor, Cartmell Shepherd Solicitors
Mike Warburton, Senior Tax Partner, Grant Thornton
Paul Elmhirst of Elmhirst Solicitors, also Author of Wills and Probate, a Which? book
Producer: Sonia Rothwell
Presenter: Vincent Duggleby