A list of common mistakes has been recently compiled relating to Wills in the United Kingdom.
Although numbers of testators are increasing, there are still gaps in the management of estates. Wills solicitors in North Wales, for example, understand that current government guidelines recommend that those who currently have a Will schedule in a review every five years, but many individuals do not.
Other than a lack of understanding of how divorce, re-marriage and blended families can affect a Will, other common mistakes people make include not telling their loved ones where their Will is stored. A large proportion choose to keep their Will at home. Although this is not illegal, it is always highly recommended that this important document is stored with a solicitor to avoid the risks of fire, flood and other disasters. Almost 10% of those with a Will who were asked to take part in a recent survey stated that they have not told their executor where their Will is stored.
It is vital that a Will is kept in good condition, since most of these are still in a paper format. Recent issues have included the removal of staples that can cause damage to the paperwork. In one recent instance involving a damaged Will, while the Will still stood, there were questions raised about its validity due to the condition of the pages.
Talk to us today here at Bennett Smith Solicitors and request a meeting with one of our legal experts to talk about your Will.
