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From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
Statistics indicate that in 2012 there were 252 contested Wills in the UK, and in 2015 the figure had reached 325. Disputed Wills are definitely on the increase. Wills can be contested for a number of reasons; lack of testamentary capacity, lack of valid execution, lack of knowledge and approval, and undue influence. Could the compulsory registration of Wills as they have in Dubai reduce the number of contested Will claims being made in the UK?
Many modern trusts are fully discretionary. The trustees might be empowered to apply the trust assets “...for such one or more of the beneficiaries, in such shares, at such ages, and on such trusts as my trustees shall, in their absolute and uncontrolled discretion, decide".
Three quarters of people in the UK support a charity during their lifetime. However, many people do not realise that providing for a charity in their Will is also an option for them.
A dispute over the will of the man who once produced the Beatles throws light on some of the issues that arise and may suggest how room for argument can be kept as narrow as possible though intelligent preparation.
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