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We brought a professional negligence claim against a solicitor will writer on behalf of multiple disappointed beneficiaries of an estate worth £1m. The solicitor had failed to secure the effective disposition of the estate’s assets in accordance with the deceased’s instructions.
In an ill-fated attempt to minimise future inheritance tax, the solicitor drafted a Will that included a formula to calculate the gift to each beneficiary, rather than a straightforward specific gift of a cash sum. Due to a formula error, discovered only after the deceased’s death, the beneficiaries missed out on over £231,000 of gifts that had been intended for them.
The claim was successful and the clients additionally recovered costs from the defendant’s insurers.