It is not uncommon for a business not to have a written partnership agreement or for a will to be drafted incorrectly or be incomplete, leading to a partnership being dissolved by the Partnership Act or to an intestate estate. The potential successors of a business or an estate can then become embroiled in costly and time consuming litigation to resolve the question - who is the successor? Who is going to ultimately benefit?
The legal position may be one thing but the parties may all know what will work in the circumstances of the business or the estate. Embarking on legal proceedings to be ultimately decided by a court may not be in anyone's interest and may leave everyone in a situation that nobody wanted, after having depleted the estate or the business from significant assets as a result of legal fees.
Concentus is a trading name of Probate Dispute Resolution Limited and is registered in England and Wales with company registration no. 10398608. Our registered office address is Acklam Hall, Hall Drive, Middlesbrough, TS5 7DY.