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Wills: A Practical Guide

Subjects:
Family Law, Wills and Probate, Wildy, Simmonds and Hill
Contents:

1 Wills and Other Death Disposition
2 Restrictions on Testamentary Freedom
3 Testamentary Capacity and Intention
4 Requirements for Valid Execution
5 Revocation of Wills
6 Alteration to Wills and Use of Codicils
7 Construction and Interpretation of Wills
8 Why Gifts in Wills Might Fail
9 Wills Dealing with Property Abroad
10 Locating and Storing Wills
11 Appointment of Executors and Trustees
12 Appointment of Testamentary Guardians
13 Legacies
14 Dealing with the Home and Land
15 Residuary Gifts Including Residuary Trusts
16 Planning a Tax-efficient Will
17 Powers to Deal with Income and Capital
18 Administrative Powers for Personal Representatives and Trustees
19 Funeral and Other Requests
20 Practical Issues when Taking Instructions and at Execution
21 Tips on Avoiding Drafting Pitfalls

Appendices
1 A Family Will
2 Intestacy Rules
3Planning a Tax-efficient Will – Case Studies

ISBN13: 9780854900909
ISBN: 085490090X
Published: November 2011
Publisher: Wildy, Simmonds and Hill Publishing
Country of Publication: UK
Format: Paperback
Price: £32.50



In stock.

Wills: A Practical Guide contains a wealth of information on wills and their making in a compact, user-friendly format. It is an aide-memoire to practitioners who are not necessarily experts in the area but who are faced with issues involving wills.

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.

One particular feature of the book is that it covers a number of issues that are potentially litigious. Litigation over disputed wills is sadly on the rise and costs can easily swallow up the whole of modest to moderate estates. Just as bad 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 the reader avoid potential problems so far as possible and it concludes with a whole chapter on tips to avoid common drafting pitfalls.

The book takes account of recent developments including the Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 and the cases of Barrett v Bem on signatures, RSPCA v Gill on testamentary intention and Ilott v Mitson on testamentary freedom. The text is supported by a number of useful precedents and checklists.



Series: WS&H: Wills & Probate

Cover of Inheritance Act Claims Inheritance Act Claims 2nd ed ISBN 9780854900787
published July 2011
Wildy, Simmonds and Hill Publishing
£62.00 
Cover of A Step-by-Step Guide to Wills and Probate A Step-by-Step Guide to Wills and Probate 5th ed ISBN 9780854900831
published June 2011
Wildy, Simmonds and Hill Publishing
£15.95 

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Vol 19 No 7 July/August 2014
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Cover: Reduit Beach, St.Lucia
Blog by ‘Wildy' (p.1)
CARALL Conference (p.3)
New Titles published in July (pp.4-25)
Wildy Trips 2014 & 2015 (p.25)
July Subscription Releases (pp.29-34)
Forthcoming Publications (p.36)
WS&H Publications (pp.37-48)




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