Not All Professional Will Writers Are Solicitors. Be Careful of the Probable Hazards You May Well Face in the Event Your Will Is Not Prepared Properly
Posted on 11 Mar 2010 | Tagged as: Financial World, Legal Parlor
In a Law Society write-up referring to a survey of around 1,000 people, 67% of them mistakenly assumed that all Will Writers are actually solicitors, and 82% thought that education and accreditation are crucial someone to act as a Will Writer.
The way it can go wrong
If a Will is incorrectly written it may possibly have a damaging effect upon the people an individual leave behind.
I recall a recent situation where a couple wanting to leave their respective shares from a family home to their two kids to try and protect a portion of the premises from care fees in the event of the survivor needing to enter a home.
They’d talked about the circumstances together with their two kids, and there was an awareness that the children would not push the surviving mother or father from the residence, and that the surviving parent could remain in the home for the rest of their lifetime, or simply right until they required long term care.
The couple had 2 kids from their long marriage, and the man had a child from a earlier partnership who he had not ever seen since the kid had been born.
The husband and wife instructed a Will writing business to organize Wills and to divide the possession of their property so they each owned a fifty percent share that could pass under the conditions of their Wills.
The Will Writing firm drew up the Wills mentioning the beneficiaries as a class ” my children, rather than individually naming the children regardless of being aware that the couple would not want the estranged child to benefit.
The Will writing company also neglected to advise the customers to take into consideration safeguarding their interest in the house until each of them had passed away.
Regrettably, the husband died earliest, and as the gift of his share of the home passed to his children, this included the estranged child. The estranged child must have been delighted to find out that he gained from his late fathers estate, and quickly started a legal challenge to have the property sold to ensure that his share could be released.
To complicate things, their son and daughter-in-law were currently under-going a divorce and the daughter-in-law tried to make a claim from the share of the house which had passed to their son.
The effect of the inadequately drafted Wills coupled with an absence of proficiency and knowledge resulted in 2 expensive legal battles, both of which could have been avoided.
To acquire a professionally authored Will by a firm of solicitors you can trust use our web based Will Writing service.
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