The value of a professionally drafted Will, and of keeping it up to date

The widely publicised case of Ustinov v Ustinov highlights the disastrous consequences for the family of a deceased person who has failed to maintain a valid Will. The family of Peter Ustinov, who died in 2004 in Switzerland, have become embroiled in lengthy and highly expensive litigation. Although Ustinov had made a Will in the 1960’s, it was written in pencil and found by the Swiss Courts to be invalid. As such, Ustinov’s multi million pound estate passed via Swiss law to his third wife. His children have sought to obtain a share of his estate, but so far their efforts have proved fruitless, and having spent many thousands of pounds in legal costs, Ustinov’s son Igor is reported to be close to bankruptcy. Aside from the financial implications for Ustinov’s offspring, the strife and ill feelings experienced by the family are a salutary reminder of the importance not only of having a Will prepared by a properly qualified professional, but also of the importance of reviewing one’s Will regularly and ensuring that it continues to reflect one’s wishes, as circumstances change over time.

With a simple Will prepared by one of our specialist solicitors costing only £228 (including VAT), and an update to your existing simple Will from as little as £60 (including VAT) you may be surprised at how inexpensive and easy it is to ensure your family will not inherit a legal nightmare in the same way as the Ustinov family.

To read more about the Ustinov case, click on the following link to the Independent Newspaper article:

http://www.independent.co.uk/news/uk/home-news/ustinov-vs-ustinov-the-ruinous-legal-battle-tearing-a-family-apart-8473938.html

If you would like to make a Will or update your Will, see our Wills, Estates and Trusts page:-

Wills, Probate + Trusts