Dating back to ancient Greece and Rome, wills are a crucial legal instrument in succession planning. Drafted correctly they are the key to fulfilling a client’s wishes, however one mistake can put this all in jeopardy.

As wealth changes over time, and owning foreign assets is now commonplace for many, succession planning itself is changing. Increasingly accountants will be expected to advise on assets spanning various countries and it is crucial they stay alive to the pitfalls they may face in the process to ensure they do not trigger unexpected outcomes in their interaction between different jurisdictions.