It has been noted by many specialist solicitors that, often, the largest asset left in a Will is a house. In line with this, it has also been acknowledged that recently, a property is also the cause of many family disputes when the testator dies.
Despite the use of legal experts to sort out the arrangements for the legacies left in a Will, there are several reasons why the rise in disputes over a family home have happened. Many people these days have access to the internet, and it takes only a quick search to ascertain a proposed value of a property. This means that there has been a rise in the number of individuals ready to challenge any valuations and sale prices offered.
Wills solicitors in North Wales have also noticed a rise in the number of beneficiaries who have been reliant on their perceived value of their gifts left to them in a Will. This has resulted in some spending this money before they have inherited it or making plans for their future based on what they think they will inherit. Some Wills solicitors in North Wales or other areas of the nation may choose to complete sense checks with beneficiaries, reassuring them that all processes are carried out within the parameters of legal guidance, including the full process of selling a house and inheritance tax.
Look to us here at Bennett Smith Solicitors to help you with all matters relating to Wills and probate. Contact us today to book an appointment.
