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Review Your SQE 1 Practice Records

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Mr. Jones, a solicitor, is named as both executor and a beneficiary in his client's will. What steps must he take to ensure compliance with ethical standards?

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A solicitor who is both an executor and a beneficiary must ensure that there is no conflict of interest and that he acts in the best interests of all beneficiaries. Transparency and fairness are crucial to maintaining ethical standards and avoiding any perception of impropriety.

Key Point: Solicitors acting as both executor and beneficiary must manage any potential conflicts of interest and act impartially to uphold ethical standards.

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