Awareness About Elder Abuse
The number of elderly people abused by relatives or carers during the Covid 19 lockdown has increased by as much as 37 per cent. Victim Support reports it had seen a 17 per cent increase in reports of domestic violence against people aged 65 or over, while Hourglass, the only national charity dedicated to elder […]
Wet Signatures No Longer Required For IHT Forms
HM Revenue and Customs Trusts and Estates have revealed they’ve relaxed the processes surrounding wet signatures being needed on inheritance tax (IHT) forms, during the coronavirus pandemic. In the most recent newsletter, HMRC Trusts and Estate said: “We recognise that it’s difficult for personal representatives or trustees to physically sign forms IHT400, IHT100 and IHT205 […]
Potential IHT And Fraud Implications Thanks To Bank Handout
It has been revealed that banks are handing out tens of thousands of pounds to bereaved families before going through the probate process. The money, some lawyers believe is being handed to relatives who have no legal authority over the deceased’s finances. According to Solicitors for the Elderly (SFE), banks, building societies and other financial […]
Law Society Launches Consultation on PC Fee
Last week, the Law Society has launched their annual consultation with solicitors about their Practising Certificate (PC) Fee. The Law Society has announced that it has reduced it’s share of the fee by 10%, resulting in them receiving less than 30%. This has been driven by the challenges faced by solicitors and firms as a […]