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The importance of will storage

Date:5 MAR 2020
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Associate

Nowadays with advances in technology many things have been digitised resulting in much less important paperwork. This is not however the case for wills which are still physical documents. It is therefore essential to know where the will is. 

Historically this was fairly straight forward as many people stored their wills at the offices of the family’s solicitor. Times are changing though and the profession is seeing the majority of people having a specialist area in which they practice rather than acting generally in a range of matters. Accordingly people will contact different solicitors depending on their needs and this means family members are not always aware of the existence of a will or the location of it. 

This could easily result in a situation where those left behind do not know where the last will is and may therefore mistakenly administer an estate wrongly – whether that is in accordance with an old will that has since been revoked or in accordance with the intestacy rules not realising there is a will. After steps have been taken and the estate distributed either...

Read the full article here.