Our wills partner, Emma Jane Johns offers some advice on a recent case,
A recent case has highlighted the importance of not only having a will, but keeping a will updated.
A wealthy gentleman’s estate was challenged by his minor children. The gentleman’s will did not provide for the children. Action was taken on their behalf, to provide for their future needs and they were awarded over £380,000 of the gentleman’s £3.5 million estate.
Undoubtedly, the cost and time involved in challenging an estate will have been far greater than the cost and time involved in keeping a will up to date to reflect current circumstances.