Previous Page  178 / 250 Next Page
Information
Show Menu
Previous Page 178 / 250 Next Page
Page Background

INCORPORATED LAW SOCIETY OF IRELAND

Vol. 76. No.8

October 1982

Where There's a Will . . .

\

^ * THEN the Law Society was considering

T T following the example of two quite similar

countries, Scotland and New Zealand, where

campaigns had been mounted by the legal profession

to encourage more people to make wills, it was

spurred on by statistics for the Republic of Ireland

furnished by the Probate Office. The Society was

shocked to find that over 42% of grants, for the most

recent year for which figures are available, were

issued in cases of intestacy. While it might be argued

that, in the absence of any requirement to register

wills, there may well have been untraced wills in cases

where intestate grants were issued, any such un-

traced wills may conceiveably have been matched

by the number of cases where people died testate but

without sufficient assets to require a grant to be taken

out. The important feature of the statistic is that, of

all cases in which a grant was actually required, 42%

were intestacies.

'Y

While there may be some people who delay in

making wills because they cannot make up their

minds on the precise distribution of their assets, this

can hardly explain the high percentage of defaulters.

The inescapable conclusion is that, for too many

• people, the making of one's will involves an element

of "signing one's death warrant". It is clearly the

duty of the legal profession to disabuse clients of this

feeling and to endeavour to ensure that the client

looks after his affairs in the best way possible.

It cannot be likely that many people would like

their assets distributed in exactly the way prescribed

by the Succession Act for intestacies. It is certain that

few childless couples would be happy to see the "in-

laws" get all of one party's assets in the event of the

couple dying intestate, one after the other — perhaps

as a result of a road accident.

If a person has a particular obligation, such as

looking after or maintaining a handicapped child, or

aged or infirm relatives, or if there is a problem

member of a family who cannot be trusted to manage

things wisely, a well drawn will can, in most cases,

ensure that, so far as available assets permit, proper

provision can be made for the protection of the

problem member. In such circumstances an intestacy

would be a disaster. In passing, it must be hoped that

whatever taxation levels may be imposed on

discretionary trusts will not result in their ceasing to

be available to cope with the handicapped child or the

problem member of the family, or to simplify the

difficulty of predicting which of several children is

likely to need the greatest share of an estate.

People should make wills, not perhaps "early and

often", but certainly "early", in the sense of making a

will as soon as they marry or acquire sufficient assets

to require administration. The purchase of a house,

even one mortgaged to the hilt, is obviously an

appropriate occasion for the making of a will. Wills

should be revised from time to time on a regular

basis, as the circumstances of the will maker and the

family alter.

Even if there are no obvious problems, the parents

of young children will avoid considerable difficulty if

wills are made.

Finally, if any other argument were needed in the

cause of will-making, it is cheaper and administra-

tively simpler, not perhaps for the will-maker, but

certainly for the estate, to have a grant of probate

issued rather than a grant of administration intestate.

Solicitors' fees for drawing wills have traditionally

been very modest — seen as "loss leaders", no doubt

— but even in these days of more realistic charging

(Continued on P. 176)

"Make awil week"

isTfth LAWSOCIETY