Kings Court Trust’s latest blog post discusses the importance of creating a digital estate plan.
When considering what goes into an estate plan, some of the first things that often come to mind are who will inherit property, who may care for a dependent child or what should happen with various personal belongings. But what about one’s digital assets? It’s not uncommon for people to exclude digital assets from a […]
Certainty Expert Webinars presents Gifting of P’s assets – avoiding the pitfalls
We are pleased to welcome Mitra Mann, Senior Associate, Tracy Ashby, Partner and Danielle Pawson, Associate at Wright Hassall who will be presenting our upcoming Certainty Expert Webinar on Tuesday 23rd November at 12.00pm, titled ‘Gifting of P’s assets – avoiding the pitfalls’. Over the last few years, the OPG has received many concerns and […]
Video Will Witnessing: What happens next?
The Law Society of England and Wales has launched a survey to inform its response to future consultations on extending the witnessing of wills via video beyond the end of January 2022. In July 2020 the Ministry of Justice announced that temporary legislation would be enacted to legalise the witnessing of wills via video in […]
Awards winners have their say…
Two and a half weeks on from the highly successful British Wills and Probate Awards, sponsored by Executor Solutions there is still a warm afterglow around the event. Social media is awash with certificates and trophies sitting pride of place and the gallery is now available on The British Wills and Probate Awards website. Today’s […]
IHT UK’s “most hated” tax
The results from a survey of 2,000 people has found that Inheritance Tax is the UK’s most hated tax. 1 in 4 respondents said that they felt it to be the most hated tax, despite just 4% of UK deaths resulting in an IHT liability. Taxes on income took second place, including income tax and […]
Rising inheritance disputes set to diminish estate values, experts warn
A recent spike in contentious probate disputes is costing families their inheritance. According to research conducted by the private wealth law firm Boodle Hatfield, the number of contentious probate and Will challenge cases in the UK is higher than ever. The firm reported that 192 cases were brought by those challenging a deceased’s estate in […]
HMRC announces update to return of estate information process (IHT205)
Due to measures put in place to help stop the spread of Covid-19 HMRC has changed the way they deal with Inheritance Tax returns. If a person died on or after 6 April 2011 and the estate is unlikely to pay Inheritance Tax use of an IHT205 form is required. Until further notice, HMRC will […]
Collaborative legacy management transforms lives
As a legacy professional who previously worked as a private client solicitor, I read with interest the recent articles about how best to approach the inclusion of a gift to a charity within a client’s will. During my time in private practice, I worked in three different firms and witnessed the varying approaches taken to […]