Report Reveals Average Age Of Will Consumer Rising
A report released this week has confirmed that the baby boomers’ cohort have been confirmed as the Will industry’s biggest consumer. An online Will writing software solutions provider for legal service providers, Willsuite, has undertaken research analysis in the Will writing industry to gain a general overview of the Will statistics in England and Wales. […]
Brother Face’s Jail Over Distribution Of Sibling’s Fortune
Three brothers and a nephew are involved in a bitter family dispute, after it transpired that one of the brothers gave away their deceased sibling’s £400,000 estate to the poor and needy. Peter Ivory, aged 58, faces jail, after allegedly following his brother Mick’s death bed request to not let the rest of their family […]
Inheritance Tax Proposals Could Impact Bank Of Mum and Dad
Suggested changes to UK inheritance tax could have a potential impact on the property sector. Earlier this month, an All-Party Parliamentary Group (APPG) encouraged the Government to consider making serious reforms to inheritance tax (IHT) in order to reduce the burden for the increasing number of middle-class families being dragged into the inheritance tax threshold. […]
Research Shows Funeral Costs Are Continuing To Soar
Have you spoken to your clients about the average cost of funerals? Whilst it can be a difficult conversation to have, many people are unaware of just how much a funeral can cost. The average funeral now stands at £4,418.* Often people rely on savings or have an insurance plan in place to cover funeral […]
Trusts…One Is Good, But More Is Better!
Leaving assets to a single Trust is a better solution than leaving assets absolutely, but is it the best solution when there are multiple beneficiaries? Multiple Trusts provides both your clients and their beneficiaries with even more flexibility.. So why use Multiple Sibling Trusts? Complete autonomy and better management We all know that if all […]
UK Probate Research Awards 2020: Winners Announced
The world of probate research was formally recognised and celebrated when examples of excellence and best practice were praised at the 2020 UK Probate Research Awards on 6 February at London’s DeVere Grand Connaught Rooms. Winners spanned the breadth of the UK, and internationally. Presented by the BBC’s Nikki Bedi, the Awards, supported by the […]
Law Society And Bar Council Find LeO Budget Increase Unacceptable
Following the announcement from the Legal Ombudsmen (LeO), that there would be a 20% rise in the budget, increasing it from £12.3 million to £14.8 million, the Bar Council has launched an ‘outspoken attack’. The LeO has stated that the increase in budget in the next financial year will “radically” improve the time to deal with complaints and “eliminate […]