Missing Beneficiary Indemnity Insurance explained in Title Research’s latest blog
Due to the increasing complexity of family relationships, it is not always possible to find missing heirs during estate administration. Obtaining Missing Beneficiary Indemnity Insurance protects your clients should a missing or otherwise unknown beneficiary come forward after estate distribution. Title Research’s latest blog on Missing Beneficiary Indemnity Insurance covers: The types and cost of […]
The Voice singer, Bo Bruce, wins £2 million inheritance dispute
A court ruling over an inheritance dispute between aristocratic pop singer Bo Bruce (Lady Catherine Anna Brudenell-Bruce) and her brother Thomas (Viscount Savernake) has been announced, deciding the outcome of their £2 million inheritance, almost a decade after their mother died. Bo Bruce a former contestant on popular TV show “The Voice” has won a […]
IHT receipts now at £5bn for 2021/2
Latest HMRC data reveals that IHT receipts for the period April 2021 to January 2022 were £5bn; £0.7bn higher than the same time last year. Inheritance tax receipts for April to November 2021 were also higher at £4.1bn, a £600m increase compared with the same period in 2020. Due to a covid-related internal problem, cheques […]
Third of over-55s will use equity release to boost retirement
New research from Canada Life reveals that a third (30%) of UK home owners aged 55 and over with defined contribution pension savings are planning to release equity from their homes to boost retirement income. The research, which polled 506 UK adults with a defined contribution pension, and not yet drawing an income from it, […]
Nightingale courts cost £34.7m – justice minister
James Cartlidge, justice minister, has revealed that the Nightingale courts – introduced to deal with the accumulation of cases during the pandemic – cost £34,661,000. Labour MP Alex Cunningham questioned the cost of each existing Nightingale courtroom – of which there are 50 spread across 23 sites – and discovered they had an average expense […]
Storing a will with HMCTS
HM Courts and Tribunals Service (HMCTS) has updated its guide for those who want to store their will or codicil with HMCTS. The guide can be used to understand: • How to store a will or codicil securely with HMCTS. • What is needed in order to store them. • The fee to pay for […]
