The number of London High Court actions over disputed wills has increased by 700% over 5 years, according to the Independent. There has been almost a doubling of the number of cases challenging the validity of a will.
Raeside Chisholm Solicitors Blog
In the run up to Thanksgiving, the Certified Financial Planner Board of Standards in America has advised people to take some time to reflect on the legacy they will leave to their family and friends.
The Law Society of England and Wales has warned that the Legal Services Board's (LSB) approach to competition with regards to the regulation of will writing and estate administration activities may lead to an undesirable reduction in the consumer protection available.
Increasing longevity means that pensioners can now expect to live up to 19 years on average past a retirement age of 65.
According to a recent study, over half (58%) of UK adults have not yet written a will. However, 74% of UK adults said they would like to ensure that money is given to their loved ones when they pass away.