Implications of cryptocurrency on IHT
Cryptocurrency has created many new considerations and challenges for the financial world, and it seems to be continuing to shake things up as HMRC now consider cryptocurrencies to be an IHT liability. So what is cryptocurrency? A cryptocurrency is a digital currency that can be used to buy goods and services. However, they rely on […]
UKLTA announces free trial membership for law firms
The LegalTech Association for the UK (UKLTA) has announced the launch of a three-month free trial membership exclusively for Law Firms starting on the 1st October. The UKLTA is a not-for-profit members association. Its mission is to form a community where legal professionals, technology providers and consumers of legal services can come together in order […]
Law Society issues guidance on tracing a missing sole executor
The Law Society of England and Wales has issued the below guidance for practitioners on how to trace a missing sole executor. I act on behalf of beneficiaries of an estate where a named solicitor was appointed sole executor. I’ve made enquiries with the SRA, but I’ve been unable to trace them. The firm holding […]
Legacy income continues to boom despite drop in bequests
New research has revealed that legacy income has continued to grow at a rapid rate over the 12 months leading up to the end of June 2022. Quarterly results from Legacy Foresight’s Legacy Monitor have shown that bequest numbers were slightly lower over the three months to June 2022, while bequest values increased, supported by […]
Over 55s benefit from £1 billion-a-day pandemic-fuelled property windfall
New research has shown that over 55s received a striking £1 billion per day in increasing property values between the start of the pandemic and June 2022. Analysis of ONS statistics by financial services firm Just Group showed that in March 2020, over 55s owned more than £3.5 trillion of housing equity, accounting for just […]
Truss urged to drop “unaffordable” triple lock
Liz Truss, who officially became Prime Minister of the United Kingdom on Tuesday, has been urged to drop the “unaffordable” triple lock on pensions, with experts deeming the policy “unsustainably expensive”. Truss has previously stated that she will retain the triple lock, meaning that the state pension would be set to rise by the highest […]
Looking back at wills and probate during Her late Majesty’s glorious reign
As the country mourns Queen Elizabeth II’s passing, Today’s Wills and Probate looked back at the development of the law and society during Her late Majesty’s glorious reign. The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow. pic.twitter.com/VfxpXro22W […]
What is missing beneficiary insurance?
In this latest Today’s Wills and Probate podcast host David Opie speaks with Anglia Research’s Joe Lander about the pitfalls of missing beneficiaries, and how practitioners might best use resources available to deliver the best possible client service. Joe discusses the options open to practitioners and draws on 20 years experience in the insurance industry […]
Being regulated “doesn’t necessarily make someone good”
I have worked in both the regulated and unregulated legal sector and have seen good and bad practices from both regulated and unregulated providers, so I am not convinced that regulation is the answer. Just because someone is regulated, it does not make them “good”. What makes anyone good is the service, knowledge and advice […]
