Month: June 2020

Regulation

Pandemic Postpones DAC6 Reporting

It has been confirmed by HM Revenue and Customs (HMRC) that a measure which requires solicitors to report cross-border transactions to the authorities has been delayed by six months. The  delay in the implementation of the Council Directive (EU) 2018/822 (DAC6) on compulsory reporting of cross-border tax arrangements has come as a result of an […]Read More

Wills & Probate

Most Over 55s Believe Equity Release ‘Myths’

SunLife’s equity release director Simon Stanney busts the seven biggest myths surrounding equity release. Equity release lets you get cash from the value that’s tied up in your home, and as a result, is becoming increasingly popular amongst homeowners over 55 looking to boost their retirement income, maybe pay for home improvements, or help support […]Read More

Wills & Probate

Video Witnessing Is Valid

Calls For Changes To Wills Amid Pandemic accurately reports the widely held assumption that section 9 of the Wills Act 1837 insists on the physical ‘presence’ of a testamentary witnesses. This view has been adopted by the Law Society in its practice guidance, however it has no basis in law. Section 9 is both older […]Read More

Wills & Probate

Meeting The Surge In Demand

If there is one thing the coronavirus pandemic has proved to us all it that life is precious. It’s therefore little wonder that the lesson has resulted in a surge in demand for wills. Here Peter de vena Franks from Will Aid explains why it is expecting to be inundated at the start of its will-writing campaign this November – and appeals […]Read More

Wills & Probate

Surge In Probate Applications

The number of probate applications being received by HM Courts & Tribunals Service (HMCTS) have exceeded the number of those being issued. The Government has brought in extra staff to deal with this surge in demand. Existing employees have been upskilled, and new staff members have been recruited in a bid to clear the backlog. […]Read More

Insight

The Impact Of A Pandemic On The Legal Sector

The coronavirus has undoubtedly had a catastrophic ripple effect that has affected people in so many different ways. Hundreds of thousands of people have sadly lost their lives around the world. Economies have been hit with businesses and livelihoods also being lost. Realm Recruit, an agency which specializes in recruitment for the legal sector conducted […]Read More

Insight Wills & Probate

Supermen Webinar 67: How To Select The Most Appropriate Trust

This webinar will be discussing how to select the most appropriate Trust for your client’s lifetime planning needs. Agenda Lifetime Trust that they can benefit from? Lifetime Trust for Inheritance Tax planning Lifetime Trust to “deal with” Capital Gains Tax on additional properties or shares A Trust for Life Insurance proceeds A Trust for lump […]Read More

X