52% of new mortgages will end after borrowers turn 65
Findings from a new report commissioned by UK Finance reveal that 52% of new mortgage lending is going to borrowers who will not have paid off their home loan before their 65th birthday. Longer mortgage terms and an ageing population are helping to drive the trend towards later life borrowing, and is the first time […]
Children of Monty Python star bring inheritance dispute case to High Court
The family of the recently deceased Monty Python actor and comedian, Terry Jones, are involved in a will dispute following his death, reports suggest. Terry Jones’ adult children are suing their father’s second wife Anna Söderström under the Inheritance Act 1975 which allows family members to seek “reasonable provision” from an estate. Although the details […]
Inheritance Advance is a godsend for couple struggling financially
We’ve been providing products to customers for more than two years now, and in that time have learnt that there is no such thing as a typical customer. They all have different needs for all kinds of different reasons…. We recently helped a customer who was having a difficult time mentally and physically access her […]
Don’t miss out… The British Wills and Probate Awards 2021
Tickets for 2021 British Wills and Probate Awards sponsored by Executor Solutions are selling out quick. This year’s event will be hosted as a hybrid ceremony; with an in-person awards ceremony which will also be live streamed, followed by the Champagne Reception, sponsored by Exizent, and a glitzy 3 course evening dinner. The fabulous Jennie Bond […]
Defendants liable for Will challenge litigation costs, rules EWHC
The high court has clarified costs principles in cases where challenges to a will are abandoned mid-trial. In the recent case of Goodwin v Avison, the testator, Tom Goodwin, was a businessman and farmer who died in November 2018 with an estimated estate of £3-4 million. He made a will in 2017 with the help […]
Society of Willwriters Conference 2021
The 2021 SWW Conference is right around the corner and spaces continue to fill up fast, but don’t worry, it’s not too late to book! After the great success of the 2019 Conference, the SWW invite you to attend this year’s event which will be held on the 11th and 12th of October 2021 at […]
Working with Charitable Beneficiaries
I read with interest the article by Kate Johnson at Wedlake Bell in Today’s Wills and Probate in which she states her stance in relation to charitable giving within Wills. The suggestion was made within the article that gifts to charity should be made by way of a discretionary trust. The reasoning behind this suggestion […]
Gifts in Wills raise over £90m in Scotland says Remember a Charity
People in Scotland leave more than £90 million a year to charity through gifts in Wills[1], according to a joint report released today by Remember A Charity, Legacy Foresight, the Institute of Legacy Management and Smee & Ford. Each week, 47 people in Scotland leave a gift to charity in their Will. However, consumer polling […]
Cryptocurrency and Inheritance: What Investors Need to Know
Despite the often volatile nature of cryptocurrency, there is no denying that this form of digital currency has made huge strides over the past decade. Once considered a fad or even a scam, the global blockchain market is now expected to be worth over 57 million US dollars by 2025. In June, the Financial Conduct […]
