Estate fraud – Not a victimless crime
‘How will anyone ever find out?‘ ‘I will put the money back just as soon as … has happened.’ These are just a couple of the thoughts that we assume go through the minds of those who help themselves to money belonging to deceased people’s estates. Sadly this occurrence is not as rare as one […]
90% of people reliant on inheritance
The latest research into inheritance has uncovered that 9 in 10 adults are reliant on inheritance to fund retirement and pay off debts. 1 in 5 would use inheritance monies to pay off their mortgage, 16% need inheritance to supplement retirement income with a combined 19% intending to pay off credit cards and personal debt. […]
SQE: Landmark new route to qualifying as solicitor launches
The Solicitors Regulation Authority (SRA) will today introduce the Solicitors Qualifying Exam (SQE), marking the beginning of the biggest change to how aspiring solicitors can enter the profession for almost 30 years. Aspiring solicitors will now be required to take two sets of centralised assessments designed to evaluate competence for entry to the profession, as […]
Lasting Powers Of Attorney Registration Delays – How To Handle Them?
The delays announced by the Office of the Public Guardian (OPG) to the registration of lasting powers of attorney (LPA) of up to 20 weeks is likely to be the cause of frustration for clients and practitioners alike. For many private client practitioners, this will only add to the mounting pressure caused throughout the Covid-19 […]
Shift in wealth drives ageing workforce
By 2030, 47% of all over 50s are forecast to be part of the UK labour force, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). The ‘Working Late: Over 50s and employment’ report found that the growing trend for people working later […]
Superhero Webinar 81: Planning for Clients with Business / Agricultural Assets
Join our latest webinar where we will be talking about planning for clients with business and agricultural needs. This session will cover: What are Business Relief and Agricultural Relief? How should a Will be drafted for clients with relievable assets? The importance of Cross / Double Option Agreements Register your place on our FREE webinar! […]
ILM Director appointed to Wills and Equity Committee
The Insititue of Legacy Management (ILM) has announced the appointment of Director Blerta Clubb to the Law Society’s Wills and Equity Committee. Blerta is a highly experienced legacy professional, and successfully won ILM’s Legacy Professional of the Year award in 2019 to recognise her passion, hard work and achievements within the sector. Speaking of the […]
The British Wills and Probate Awards 2021 Shortlist – Day 3
We’re half way through revealing the shortlist for The British Wills and Probate Awards 2021, sponsored by Executor Solutions. Today we hand back over to Nick Cousins, CEO of Champagne Reception Sponsor Exizent, to reveal the shortlist for Probate Provider of the Year Small Firms (Under 75 staff) – Sponsored by Just Clear Probate Provider of […]
Fee transparency to be mandated for probate accountants, says ICAEW
The Institute of Chartered Accountants in England and Wales (ICAEW) is expected to join the other legal regulators in making it a mandatory requirement to publish price and service information across its membership of over 300 chartered accountancy firms dealing with probate matters. Currently the ICAEW does not make it a mandatory requirement for members […]
The British Wills and Probate Awards 2021 Shortlist – Day 2
Day 2 of The British Wills and Probate Awards 2021 shortlist is here! A huge congratulations to everyone following yesterday’s category announcements . Today, Barry Mattock, Managing Director of Headline Sponsor Executor Solutions reveals the shortlist for our next round of categories. Court of Protection Team of the Year – Sponsored by Anglia Research Will Writing Sole […]
Fewer over 55’s plan to downsize
More over-55s are hanging on to their homes removing millions of homes from potential circulation and adding to the current housing shortage according to a report released by Legal and General. Less than 25% of over 55 homeowners (around 2.9m) intend to downsize in the near future, which is fewer than indicated their intentions to […]
