Will reform proposals – time to revise Victorian rules
The Law Commission has made a variety of proposals to reform the law governing wills in England and Wales.
The Law Commission has made a variety of proposals to reform the law governing wills in England and Wales.
What were you doing in 1837?
Of course, the question is rhetorical. For you, the reader, were clearly not born then and, unless your hobby is genealogy, you would struggle to name any distant family members alive at that time. Yet, your family member was, and you currently are, both subject to the Wills Act 1837. In the intervening 188 years, the Act has been subject to amendments, but some of its early Victorian contents have survived.
Arguably, not before time, the Law Commission recently issued a comprehensive report making recommendations to create a Wills Act for the 21st century. Its proposals include:
These and other proposed changes have been incorporated into a draft bill before Parliament. It is now up to the Government to decide whether to implement the recommendations, which could take a year or more. That is no excuse to procrastinate: a will, even governed by a nearly 200-year-old act, is better than no will.
The Financial Conduct Authority does not regulate will advice
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