This week Michael met with an accountant to receive some instructions to apply for probate on a Will that we drafted about 10 years ago.
There is also a rather informal codicil which the accountant had drafted for the client, which appears to be valid, despite being in the form of a letter and not referring to the will by date, and we think will be accepted.
He provided a list of assets and liabilities, but we noticed he had missed a few items.
There is a scale fee for doing this work, in the absence of a written agreement. We will just be charging the scale fee for this one.
The Will has about 30 different beneficiaries, with various specific gifts, a forgiveness of debt, some beneficiaries taking equal shares of one half of the residuary estate and others taking a share of the other half, so it is lucky the executors will be a couple of accountants!
Tags: codicil, estate planning, executors, informal codicil, lawyers, Osborne Park, Perth, probate, solicitors, will