Kings Court Trust’s latest blog examines Caroline Flack’s intestacy and reminds us of the importance of leaving a well-written Will
In February 2020, the heartbreaking news broke that Caroline Flack, the popular TV and radio presenter, best known for presenting Love Island, sadly took her life at the age of 40. In their latest blog, Kings Court Trust take a closer look at how Flack’s £2 million estate is being administered, after it was revealed […]
Price Transparency; about as clear as mud
Following the SRA’s recent announcement that it is back on the case with pricing transparency Today’s Wills and Probate caught up with pricing expert Nigel Haddon to talk about the do’s and don’ts of pricing, and what you need to know about the SRA’s Price Transparency regulations. The frustration from my point of view is […]
Mandatory roll out of online probate applications proved successful
Today’s Wills and Probate caught up with the Probate Office to get an update on the mandatory roll out of online applications since the beginning of November. Last month we gave an insight into the probate office a couple of weeks before it was officially made mandatory for probate professionals to submit probate forms online. […]
TRS don’t need to be told about end of administration
Her Majesty’s Revenue and Customs (HMRC) and Association of Tax Technicians (ATT) have confirmed that executors do not need to use the Trust Registration Service (TRS) to report the end of the estate administration period. Some executors know, that not all estates need to involve the TRS or notify HMRC about the end of the […]
Take part in Lawcare’s ground-breaking research study
Legal mental health charity, Lawcare is urging legal professionals to join over 1,350 fellow colleagues to make their voice heard and tell their story in a ground-breaking research study. Only four weeks to go until the deadline of 31st December, LawCare is urging legal professionals to take part in their study ‘Life in the Law’ […]
Is Equity Release surge driven by Bank of Mum and Dad?
Legal & General recently reported that, in the main, buyers under the age of 35 (more than half at 56%) have received help by way of a gift of cash from parents or grandparents to help them get a foot on the property ladder. The research carried out by L&G in early August found that […]
Remote Witness Wills – a great new option or a last resort?
During the Covid 19 crisis, many more people have been thinking about writing or changing their will. But a major concern has been how to get the will witnessed correctly during a time when we are all supposed to be socially distancing, and in some cases socially isolating. In an Order which came into force […]
MoJ and OPG initiates a new project to modernise LPAs
Our ‘Technical Corner’ brings you information that will help you to continue to grow and develop in your career. This month’s technical corner article comes from Emily Deane TEP, STEP Technical Counsel. If you have any questions for our panel of experts, please submit them using the contact form below. We will publish the questions […]
Charitable bequests expected to spike significantly in 2021
Legacy Foresight has released its Legacy Market Outlook 2020-2025 report today. The report shares their latest view of prospects for the UK legacy market, with three scenarios projecting out to 2025. Due to the rapid changes in the legacy environment over the past year, Legacy Foresight is now updating its market forecasts whenever the situation […]