Public Bewildered By Lasting Power Of Attorney
Recent figures that have been released by the Office for National Statistics (ONS) reveal that record numbers are now applying for lasting powers of attorney (LPAs) The ONS figures for the year to April 2018 found that 759,976 applications for LPAs were made. This figure is in stark contrast to the 52,492 applications that were […]
There Are No Shortcuts To Protecting Your Business, You Build The Foundations “Brick By Brick”
Over the last few decades, there has been a bigger spread of wealth. Many people have assets to protect and die with a sizeable estate. This wealth, combined with higher mortality rates, translates to the number of adults inheriting larger amounts of money being set to rise from £69 billion (2017) to £115 billion by […]
Probate price transparency – compliance nightmare or business opportunity?
We are delighted to welcome Gill Steel from LawSkills to the next instalment of Certainty Expert Webinars who will presenting “Probate price transparency – compliance nightmare or business opportunity?” LawSkills specialises in Learning & Development and Consultancy for Private Client practitioners in the areas of Wills, Probate, Elderly & Vulnerable client, Trusts and Tax. Join […]
An Unknown Risk To The Estate?
Potentially unbeknown to a solicitor distributing an estate or who has already done so, people known to the deceased will undertake their own investigations if they feel something is untoward surrounding the way in which the estate is being, or was, distributed. In 2018 there was an increase in the lay person using Certainty Will […]
Family Businesses To Be Hit By Probate Fee Hike
The Institute for Family Business (IFB) has warned that family businesses may be impacted by the government’s proposed increases to probate fees. IFB External Affairs and Policy Director Fiona Graham said: “We, along with legal experts, have raised serious concerns about the Government’s proposed changes to the probate system. “This new system presumes estates will […]
Mother And Foster Family Spared IHT In Case Of Mentally Disabled Child
The mother and foster family of a mentally disabled child will not have to pay inheritance tax on the child’s £660,000 estate. The child had received substantial damages as a result of clinical negligence surrounding his birth when complications during the birth were found to have been mishandled. The boy died intestate in December 2018 […]