Will Disputes Increase Dramatically- North Devon's Experts
High Court figures show claims against executors for mishandling estates have tripled in the last year. One of the reasons for the dramatic rise is thought to be the increased use of friends or family as executors, rather than professionals. Another is thought to be the increased use of DIY wills.
Claims against executors can arise when an executor misinterprets a will and favours one beneficiary over another, either deliberately or because a will has not been drafted properly. Recent cases have even involved theft of the deceased's assets by executors, for their own benefit. As families become more complex, the potential for disputes about wills will no doubt continue to increase.
The cost of resolving these disputes in Court, is significantly higher than the cost of having a will professionally drafted and administered.
The Law Society has been campaigning for many years for will writing to be regulated. However, their recommendations have not been followed and only the clients of solicitors have any protection from a regulator if a will is drafted negligently.
The vast majority of executors are of course perfectly honest, but even they could struggle to deal with a badly drafted will.
You can avoid the stress and distress (and of course costs) of a dispute over your will, by having it professionally drafted and your estate professionally administered. Samuels has well established and highly respected expertise in this work. Contact a member of our private client team for a free, no obligation discussion.