China: single women make wills early, married men prefer to stay with their wives

Unique to young people in the most populous country in the world, unmarried women with no children worry about making a will to leave an inheritance, while men increasingly tend to prefer to stay with their husbands because they are worried about financial pressure. .

Single Chinese women compete to make wills

According to a report released by the China Will Registration Center at the end of March, more and more single people, especially women, are turning to will services to better manage their assets and avoid being inherited by people they do not like.

Nearly 2,100 single people registered their wills at the center between 2017 and 2023, with the number increasing significantly each year. Notably, 70% of them are women.

In the 2023 annual report, almost half of people registering wills had university degrees and more than half held management positions in the workplace or were highly qualified employees. The main reasons why unmarried people make wills are to take care of their parents (nearly 45%) and to avoid assets from being clearly inherited (nearly 30%).

Phan Trung Quyen, an employee at the China Will Registration Center, said more and more single women come to the center to plan for their future or d.eath. Previously, making a will was often understood as a privacy right of the elderly and considered the end of life, but now for many people, it is a new beginning.

"The reason why the rate of single women making wills is increasing is because their social status has improved and their lives are becoming more independent," he said.

According to Mr. Phan, the increasing trend of women registering wills shows that this group is increasingly aware of protecting personal assets and planning in advance. Furthermore, making a will when you are single will be easier because it does not require too many constraints in family relationships. Single women who agree to make a will early are also conscious of reducing any disputes when unexpected events occur, because between the future and accident for them, they do not know which will come first.

Mr. Chen Kai, project director of the China Will Registration Center, said that for highly educated women and business executive positions, they may have more assets and awareness. more clarity on laws and risks.

"In the era of technology explosion, people have easy access to a lot of negative information, making them always feel like everything is happening right near them. Over time, they will form the thought of encountering similar incidents and become worried, even worried about d.eath," Mr. Tran Khai said. Making a will is therefore welcomed with a more comfortable mentality, because it is a way for single women to reduce mental pressure.

Therefore, according to Mr. Tran, making a will early, especially for single women, is a good thing to do.

Many Chinese men prefer to stay with their husbands, wanting to avoid 'financial pressure'

For a man, marrying a woman with good economic potential is an opportunity, because they do not need to buy a house, a car or pay a wedding fee - which is a great pressure for many men. China.

In fact, young adults may even receive engagement gifts. In case of divorce, the man also has the opportunity to receive m.oney to divide assets, as long as he is still responsible for taking care of the children.

However, not all in-law marriages are successful. The Law Newspaper in Tieu Son reported that the court had considered 20 divorce cases related to this type of marriage, most of which took the initiative from the woman. The most common causes are personality conflicts, g.ambling or infidelity.

According to matchmaker Li, the standards in Tieu Son for a "matriarchal son-in-law" are extremely high. Women in Tieu Son, or more importantly their families, always want educated, healthy, "flawless" men. Applicants must provide information about their financial situation, credit report, and undergo medical and criminal background checks.

Li often outright rejects men who look physically weak. Some people even did push-ups in Li's office to prove their fitness. Li's customers also made specific requests. One family rejected a son-in-law who graduated from Peking University because he had tattoos.

People with government administrative jobs often receive the most attention. If they regularly donate b.lood or participate in charity work, they will have plus points. Occupations that are rarely seen by the bride's family are lawyer, salesperson, bodyguard, model, fitness trainer, driver or shipper.

"The number of people wanting to stay in-laws increases every year," Li said. After the two men left the matchmaking office, the phones on Li's desk continuously rang with incoming calls asking for applications to find a wife.

Currently, in Hangzhou city, under pressure to have a house and a car to get married, many Chinese men tend to find rich wives to live with.

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