Traps to Avoid in Will Drafting - How to Minimise Risk

Introduction

Mistakes in will drafting continue to abound, exposing you to potential liability to both the estate and beneficiaries (intended and actual). Some mistakes may be capable of being cured by construction or rectification ordered by the Court, but even then, liability for the costs of that mitigation remains.

Common mistakes include delay in drafting the will, allowing (and prohibiting) execution of a will of (potentially) doubtful validity, failing to secure an intended or available tax efficiency and drafting the will with inconsistent or irreconcilable clauses.

This webinar will explain the risks in will drafting, identify common errors, offer practical suggestions to avoid making mistakes and explore the options available to remedy or mitigate mistakes that are made.

It is essential viewing for those engaged in will drafting and advice.

What You Will Learn

This webinar will cover the following:

• Developments in liability for professional negligence
• Traps to avoid
• Policies and procedures to minimise risk
• Mitigation and remedies

This webinar was recorded on 7th January 2021