The news that one in 10 parents say they have favoured one child over another in their Will, will not come as a surprise to Will drafters. It is not always a bad thing either as there are many valid reasons why parents make this choice.
The most important message in the article is one which Will drafters should already be mindful of. For those not seeking professional advice, instead relying on a 'DIY Will', be aware that whilst the principle of testamentary freedom means you are free to leave your assets as you wish, to avoid post-death arguments, surprises and even litigation, it is worth discussing your intentions with those affected, pre-death. A letter of wishes, setting out the reasons for your decision should sit with your Will and this can be used to remind your beneficiaries after you have died.
CLT offers expert training for when litigation looms: http://www.clt.co.uk/course/1975-act-and-other-claims-against-prs/
One in 10 parents admit they have favoured one of their children over another when it comes to their will. Around 10 per cent of parents with children aged over 16 years old who had made a will said they had favoured a particular child, according to London-based law firm Slater and Gordon. Common reasons for parents not intending to split their assets equally between children were that they had a closer bond with one child, that a particular child needed their financial help more, that they did not think one of their children deserved the money or that they did not like or trust a particular child's partner.