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Setting standards

The administration of an estate demands intrinsic best practice, believes Kasia Oberc

12 March 2012

Publication of the second edition of STEP’s Standard Provisions (England and Wales) has elicited much interest from the legal community and sessions explaining the main provisions of the new document, the result of 13 drafts, numerous consultations with interested parties and a drafting committee comprising James Kessler QC, Judith Ingram, Professor Lesley King, among notable others, have been oversubscribed. However, while it is clear that such a guide will prove invaluable to avoiding gaps and inconsistencies in will drafting, it ought to be argued that a best practice for estate administration is also needed.

Fast paced

The probate environment has been changing for the last five to ten years faster than at any time before. Of the most recent figures available, in 2010 the number of contentious probate actions in the Chancery Division of the High Court fell slightly, yet the...

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