Wills: 1 in 5 could be faulty and lead to higher Inheritance Tax bills

A new report from the Legal Services Board shows that 20% of all wills could be faulty. The survey of 100 people who needed a will found that 20 contained basic errors and a small percentage were so badly written that they “could not be executed”. The Legal Services Board said: “We found consistent patterns of sloppiness, simple errors and poor communication. This often resulted in an unacceptable service for customers. Too often consumers were subjected to unfair sales practices.” The report also called for the will-writing industry to be more heavily regulated to reduce the number of mistakes in the future....