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On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
Highlighting the dangers of DIY Wills
Fresh warnings have been issued about the dangers of DIY Wills, which are thought to cause problems for around 38,000 UK families every year. While some people may be tempted to buy the ‘Do it Yourself’ kits to save money, …
Fresh warnings have been issued about the dangers of DIY Wills, which are thought to cause problems for around 38,000 UK families every year.
While some people may be tempted to buy the ‘Do it Yourself’ kits to save money, they are unaware that basic errors can make the document completely redundant.
Common mistakes can include making amendments without the required formalities, having the Will witnessed by someone mentioned in the document and misspelling names.
The potential problems were hammered home by a recent case study that featured in The Guardian.
Eileen McCormack has had to spend two years dealing with her cousin George’s estate, after a number of errors were discovered in the DIY paperwork.
“He constantly amended it and moved figures around, altering what people were due to inherit,” said Eileen.
“I tried to tell George to go to a solicitor, but he never did. This has made the whole process very stressful for those left behind. It’s also very sad because George put a lot of thought into how his estate would be distributed in the event of his death. He wouldn’t have wanted this.”
Citizens Advice has advised people to seek expert advice when drafting a Will.
Gillian Guy, the CAB’s chief executive, said: “When Wills go wrong people may lose their only source of income, property is left in limbo, and the financial and emotional cost of dealing with the fallout can be huge.”
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