Insights

Failure to implement a proper succession plan in a family or owner managed business can cause serious problems if the sole director dies, a legal expert has warned.

A leading Midlands lawyer has urged people to try and resolve inheritance disputes out of court – as three brothers were warned they risk squandering their mother’s entire £850,000 estate on legal fees.

If you’re not careful, contentious trusts and probate cases can easily turn hostile and result in huge legal fees – that’s the warning from a leading Midlands lawyer.

Contentious probate claims have soared by a third due to what has been a described as a “perfect storm of circumstances” by a West Midlands lawyer.