How Covid changed the Estate Planning industry and brought in a new need for technology
As many people in the industry know all too well, Covid-19 has had a significant impact on the estate planning sector, both from a business and client perspective. Social distancing and the government imposed lockdowns sparked a huge wave of disruption to businesses, both due to financial and logistical factors. We know that everyone has […]
Intestacy in Scotland: Understanding Scottish succession rules
The rules of intestacy in Scotland are led by the Succession (Scotland) Act 1964; the act details how a Deceased’s estate should be divided when a Will hasn’t been prepared. Legal professionals should be aware of the Scottish succession rules, which differ from those in England & Wales, to avoid the scenario of distributing incorrectly. […]
What happens to Premium Bonds when someone dies?
When someone passes away, all their assets must be dealt with as part of the estate administration process. One asset that is not as commonly discussed is Premium Bonds, however, Bonds form part of an individual’s estate in the same way a bank or savings account does. Kings Court Trust’s latest blog covers the topic […]
Will Trusts – an uncertain future
It seemed a good idea at the time. When your Will was drafted, you included a trust to safeguard part of the inheritance. Perhaps it was to protect a vulnerable child or help reduce your tax liability. For many of these smaller trust funds in existence now, the reality is they are not performing and […]
Cost of living crisis making access to cash more urgent
Unless you have been out of the country for some time, you’re probably aware of the growing issue around the cost of living. The increased cost of living is creating real hardship for many and, sadly, the forecast is that tougher times are ahead. What’s driving the cost of living increase? Inflation has been soaring […]
Equity release wealth “to hit £6.5 billion by 2025”
New analysis has suggested that the amount of wealth being released through equity release could pass £6.5 billion by 2025 after more than a decade of increasing popularity and growth. In 2011, UK homeowners released £790 million worth of property wealth for themselves via equity release. This figure increased steadily over the ensuing decade, with […]
Sponsor Spotlight: Finders International
In a series of Supporters in Focus pieces, we are thrilled to introduce our sponsors of The British Wills and Probate Awards 2022. Alongside headline sponsor Executor Solutions, we look forward to recognising achievement, highlighting progression and championing innovation. We’re delighted to have Finders International on board with the fifth year of The British Wills […]
