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This is a substantial information pack produced by Gill Steel, Owner/Director, LawSkills Ltd
Premier trainer in Wills, Probate, Trusts, Tax & Elderly Client
81-Page PDF Document
Digest Member Price £50.00 (+ VAT)
The purpose of this Technical Learning Pack is to provide practitioners with information and tools which get them moving on a topic of relevance to daily practice.
It will be useful for all kinds of practitioners, including:
It will help practitioners gain confidence in preparing a ‘standard’ family Will and thereby significantly speed up Will preparation.
The drafting of a Will is one of the most underrated services provided by lawyers. Benjamin Franklin wrote that “in this world, nothing can be said to be certain, except death and taxes” and a Will covers both these situations. For most people, it will constitute the biggest transfer of property they will ever make and for a beneficiary the money received can truly be life-changing. However, despite this, it is a service completely undervalued by clients and it can be impossible to get a client to pay anything close to a reasonable fee. The result is that practitioners are forced to offer Will writing services at laughably low prices in the hope of attracting future more lucrative work.
The low prices forced on practitioners by the market means there is a real incentive to complete the Will drafting process as fast as possible and it has led many to rely heavily on the use of precedents as a way of saving time (and cost). Unfortunately, the high-value nature of testamentary transactions means that if the practitioner does make an error – whether by using an improper precedent or otherwise – the resulting claim can be extremely expensive. Therefore, not only does a practitioner need to have a bank of resources to enable the speedy production of ‘standard’ or ‘normal’ Wills they must also have a clear grasp of the overarching area if they are to avoid expensive professional indemnity insurance claims.
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