Inter-generational Wealth Transfers
Kings Court Trust’s Chief Revenue Officer, David Masterton, writes about intergenerational wealth transfers. Between 2017 and 2047, £5.5 trillion is expected to pass from generation to generation, which makes intergenerational wealth transfers one of the biggest threats and opportunities facing the financial services industry. If Financial Advisers do not act, they are at risk of […]
Final category spotlight: Solicitor and Will Writing Firms of the Year
The British Wills and Probate Awards are taking centre stage once again this October, and we are excited to shine a spotlight on some of the returning categories for this year’s awards. Alongside our headline sponsor, Executor Solutions and Champagne Sponsor, Exizent, we look forward to recognising achievements, highlighting progression and championing innovation. This week […]
Inherited wealth set to impact social mobility
“A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair” – Niccolo Machiavelli It’s been talked about for a number of years now about the impact inherited wealth will have on millennials and the younger generations as time progresses. But now, as we’re […]
Oxfordshire Council awarded land gifted by Robert Fleming for school use by UK Supreme Court
In a landmark ruling, the UK Supreme Court has awarded Oxfordshire Council private land, which was left to the Parish of Nettlebed in the early 20th Century to be used as a school. This ruling was made despite the council closing the school over a decade ago. Under s.2 of the Schools Sites Act 1841 […]
Secret trust not made rules Court
The England and Wales High Court (EWHC) ruled that the late owner of a valuable collection of jewellery did not create a secret trust, in which her niece would inherit the pieces, despite the deceased expressing wishes to that effect (Titcombe v Ison, unreported, ChD, 28 January 2021). Upon her death, the deceased – Ms […]
Want of knowledge
Written by Olivia Jack is a Solicitor in the firm’s Contentious Trusts and Probate team at Forbes Solicitors Background One of the requirements for a valid Will is that the testator/testatrix knew, understood and approved its contents. Due execution of a Will, which on the face of it appears to be rational and fair, raises […]
Contentious Probate Claims – a working case example
Ally Tow, a Senior Associate at Boyes Turner explores some of the challenges and obstacles that litigators dealing with contentious probate claims face by looking at an example of a case she was involved in a few years ago where the estranged daughter of a testator made a claim under the Inheritance (Provision for Family […]
