Wills by Lesley King


ISBN
9780854900909
Published
Binding
Paperback
Pages
256
Dimensions
138 x 216mm

Provides a wealth of information on wills and their making in a compact, user-friendly format.This book is an aide-memoire to practitioners who are not necessarily experts in the area but who are faced with issues involving wills. It is particularly useful for trainees, para legals and newly qualified practitioners who need to expand their knowledge beyond the basics that might have been covered on a legal practice course or is part of an ILEX or similar qualification.

As well as dealing with making a will and the succession implications of the possible dispositions, the book also considers the planning and drafting of tax-efficient wills along with typical strategies for passing down the family wealth. There are illustrative case studies which demonstrate the application of the intestacy rules and tax efficient planning for testators with typical will-making problems. The case studies include using the transferable nil rate band effectively and maximising business property relief. A particular feature of the book is that it covers a number of issues that are potentially litigious. Costs in litigation over disputed wills can easily swallow up the whole of modest to moderate estates. As well as the financial waste are the irreconcilable rifts and misery that bitter family disputes can cause in determining capacity, claims under the Inheritance (Provision for Family and Dependants) Act 1975, mutual wills, conflicts with other death dispositions such as estoppel, foreign property and issues over the will's construction and interpretation. The book's aim throughout is to help you avoid potential problems and it has a whole chapter on tips to avoid common drafting pitfalls. Recent developments are taken into account, including the Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 and the cases of Barrett v Bem, RSPCA v Gill and Ilott v Mitson. The text is supported by a number of useful precedents and checklists.
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