tag:blogger.com,1999:blog-6110794854146484721.post803537509020329529..comments2024-03-29T08:05:56.264+00:00Comments on Law and Lawyers: A family inheritance wasted on litigationObiterJhttp://www.blogger.com/profile/04544226917595022902noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6110794854146484721.post-45995502079799874642013-03-13T18:18:18.391+00:002013-03-13T18:18:18.391+00:00There is an old joke about two silks leaving court...There is an old joke about two silks leaving court after a probate action settles and one says to the other "It breaks my heart to see a good estate wasted on the beneficiaries".<br /><br />Libellous, of course.Andrew Thttps://www.blogger.com/profile/17273362558325263161noreply@blogger.comtag:blogger.com,1999:blog-6110794854146484721.post-24551473944978930882013-03-13T12:28:54.201+00:002013-03-13T12:28:54.201+00:00Utterly ruinious suits.
By co-incidence I read a...Utterly ruinious suits. <br /><br />By co-incidence I read another, on similar lines from yesterday:<br /><br />http://www.bailii.org/ew/cases/EWHC/Ch/2013/466.html<br /><br />The opening paragraph sets the scene, the amount in dispute and, of course that costs appear to equal this: The effect of the disputed will was therefore to give Nick the whole, rather than half of, the value of the house, and to deprive Bill of his half. On current perceived values, a half share is worth between about £110,000 and £160,000. Because the two brothers are at loggerheads it has required a regrettable (but apparently unavoidable) four-day probate action to determine the fate of that amount of money. The aggregate costs of the action are thought to approach the lower of those two figures. <br /><br />----<br /><br />I have warned clients, approaching various types of litigation to think again, and then again, and then again before proceeding. Anonymousnoreply@blogger.com