New look categories for new look British Wills and Probate Awards
Entries for The British Wills and Probate Awards 2022 have opened today as excitement starts to build toward the event on 20th October 2022. This year’s event will see headline sponsor Executor Solutions return in a new guise as the re-branded Property Solutions Group. Launched in 2018 to recognise the work of businesses and practitioners […]
IDR Law: Martin P Holdsworth on the rise of contentious probate and the IDR Network
Today’s Wills and Probate sat down with Martin P Holdsworth, Founder and Director of specialist contentious wills and probate firm IDR Law, to discuss the recent increase in contentious probate cases, IDR Law’s newest innovation – the IDR Network (IDRN) and Martin’s take on the future of the contentious probate industry. Today’s Wills and Probate: […]
STEP gives backing to Digital Devices Bill
STEP is supporting a campaign in Parliament that would give grieving families access to their loved ones’ sentimental digital assets. Ian Paisley Jr, the MP for North Antrim, has tabled a Private Members’ Bill that would give next of kin the right to access to a person’s digital device and place a responsibility on tech […]
Charities’ legacy income to exceed £4.4bn per year
The latest data from Legacy Foresight’s Market Outlook 2022-2026 has suggested that charities’ legacy income from gifts left within wills is set to exceed £4.4 billion per year. This represents a 26% increase on the average legacy income charities received over the last five years. Their income dropped by 11% in 2020 with the arrival […]
Equity Release Council: penalty-free repayments now “standard feature”
The Equity Release Council has announced that the option for borrowers to make penalty-free partial repayments, will become a fifth “standard feature” for all equity release providers, with immediate effect. Introduced on Wednesday 28th March, the change has been implemented to help reduce the effects of compound interest and reduce overall later life borrowing costs for […]
State pension forecast to reach £200 per week in 2024
The state pension is expected to reach over £200 per week in 2024. Chancellor Rishi Sunak’s Spring Statement revealed that little help will be on offer for pensioners when the state pension rises by 3.1% in April 2022, which is less than half the current rate of inflation. Following this announcement, the Office for Budget […]