A market leading online Will writing service announced earlier this year that they aim to secure a 10 per cent market share of all the Wills written in Scotland by the end of 2019.
As I wrote in my article on 26 November 2018, the Scottish Government provided a useful update at the end of last year regarding their plans for Succession Law Reform. That update removed some of the uncertainty that has existed for the past few years but still left a number of issues unresolved. To make further progress, the Scottish Government recently released a Consultation on the Law of Succession, focussed on what should happen if someone dies intestate (without a Will).
In today’s society, we are seeing a dramatic increase in individuals with digital assets. From social media, email, photo storage and music streaming these are only some of the many non-tangible assets that people are amassing. An increasingly common problem is how these assets are managed and dealt with following death.
New General Data Protection Regulation (GDPR) rules that have been brought into effect in the EU may have unexpected implications in relation to Wills.
Andrew Paterson, a Partner with Murray Beith Murray, writes in today’s Scotsman (11 June 2018) about the flaws of self-made wills: