HMRC income from IHT investigations hits four-year high
Ben Furlong, Client Services Director at Estatesearch, has shared with Today’s Wills and Probate his insights into inheritance tax investigations. HM Revenue & Customs (HMRC) has recently reported a 4-year high in takings as a result of Inheritance Tax (IHT) investigations. HMRC took an additional £274 million following investigations into 5,638 estate administrations for the […]
Hear from Wright Hassall, winners at the British Wills and Probate Awards 2020
On Thursday 22 October 2020, professionals from across the wills and probate sector came together to celebrate the successes and achievements of the industry is what has been a challenging year, at the British Wills and Probate Awards 2020. The awards, which was back for it’s third year, took to the virtual stage and was […]
Probate experts discuss the rising millions of unclaimed money
Countless millions of unclaimed money sitting in probate files has become an increasing concern in the industry. The five high street banks declared that £137 million of unclaimed money laid dormant (which was monies laid dormant for 15 years plus) in 2019. This figure is growing exponentially, with banks and building societies increasing by £100 […]
Grants of probate applications move to MyHMCTS
HM Courts and Tribunals have announced, that as of Monday 2 November 2020, all grants of probate (where there is a will) applications must be made using MyHMCTS. There is a grace period until 30 November 2020 when paper applications will still be accepted to give professional users time to prepare. After this date all […]