Disputes Over U.K. Family Legacies Double Since 2006, FT Says
By Tuhin Kar -
2012-07-14T08:03:08Z
The number of High Court cases by claimants contesting trusts, wills and probates have doubled since 2006 to 663 last year, the Financial Times newspaper reported today, citing law firm Hugh James.
Many family estates have been hurt by the financial crisis, leaving less money for beneficiaries, the report cited Matthew Evans, partner at Hugh James, as saying. That sometimes prompts family members to go to court in an attempt to increase their share of the estate, Evans told the newspaper.
To contact the reporter on this story: Tuhin Kar in London at tkar1@bloomberg.net
To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.