In recent years, there has been a dramatic increase in litigation against those who draft wills and trusts. There is significant potential for client dissatisfaction and for claims to arise out of drafting errors; failure to follow instructions; delays and missed critical dates; failure to anticipate risks and to protect the client; errors and omissions in examining and reporting on documentation; incorrect advice as to the law; fraud and dishonesty; and loss of documents. In addition, the book examines how far is it appropriate to ensure that an estate is administered properly. This book offers a detailed examination of the law relating to negligence as it applies to the preparation and administration of wills, trusts, and estates, as well as offering extensive coverage of the relevant taxation issues. This work contains indispensable practical guidance, tailored to meet the demands of contentious solicitors and barristers involved in resolving disputes, and non-contentious solicitors and trust practitioners who want to establish best practice to prevent disputes over wills, trusts, and estates. It includes advice on best practice, explaining how to undertake this work effectively and to maintain an adequate control of risk, in the form of procedures or actions broken down into step by step processes, checklists, and example forms and controls. It contains an overview of the principles and procedure relating to these actions. It also provides appendices of forms, precedents, and checklists. The book expands on Martyn Frost and Penelope Reed's previous book, With the Best Will in the World, (Legalese, January 2002) which was short-listed for the 2004 High Nets' Private Client Book of the Year.

Product Description: This unique book is the only work to bring together up-to-date texts of annotated and amended UK legislation relating to trusts and estates for the trust practitioner. Each Act has been fully annotated with commentary written by a leading UK barrister which helps to provide a foundation for further research...read more

Product Description: The Trustee Act 2000 implements the recommendations contained in the recent Law Commission report on trustees' powers and duties and introduces a number of highly significant changes in this area.The Act gives trustees a range of new powers in order to modernise and improve the way in which trusts are administered...read more