WillSuite celebrates half a million wills
This week marks an absolutely huge milestone for WillSuite… We have just surpassed a whopping 500,000 wills drafted through the software! We can’t acknowledge what we’ve been able to achieve without looking back to where it all started… WillSuite formally launched all the way back in 2017, since then there has been a long list of updates, improvements and […]
Probate delays worsening across the board, new data reveals
New data from HM Courts & Tribunals Service (HMCTS) has revealed that probate delays are continuing to grow for digital, paper, stopped, and not stopped applications. The average total time taken from submission to grant issue for all probate applications, including both digital and paper, was 9.3 weeks in September 2022. This represents the biggest […]
Inheritance tax nil rate band freeze set to be extended to 2028
Chancellor of the Exchequer Jeremy Hunt is reportedly set to announce an extension to the freeze of the inheritance tax (IHT) nil rate band (NRB) until 2027-28. The freeze is currently in place until 2025-26, though the extension – which is expected during Hunt’s autumn statement next week – could raise as much as half […]
Over a third of UK uncertain about retirement plans, study shows
New research has revealed a striking 34.6% of people in the UK feel uncertain about their retirement plans, with the threat of recession and cost of living crisis both adding to the unsettled feelings of many. When asked by private and commercial bank Arbuthnot Latham: “Are you ready for retirement?”, respondents answered questions about their […]
Man with no will leaves £250,000 estate to 31 relatives he never knew
“Recluse” who lived in poverty dies with no will, leaving fortune to be claimed by strangers A 70-year-old male who lived in a dilapidated house with no electricity or gas has left behind quarter of a million estate to 31 relatives he never knew existed. Richard Ticehurst died in February last year in his home, […]
Reports claim “stealth tax” on pensions set to be announced in autumn budget
Sunak planning stealth tax on pensions which could leave millions of savers worse off Rishi Sunak and Jeremy Hunt are reportedly planning a stealth tax on pensions in an attempt to balance the books and revive Britain’s economy. The prime minister and chancellor are exploring tax rises and budget cuts to counteract the damages done […]
Law Society slams proposals to allow more courts to depart from EU law
The Law Society of England and Wales has issued damning criticism of the contents of the Retained EU Law (Revocation and Reform) Bill currently going through parliament. Proposals within the Bill include the “sunset clause”, creating a deadline – which Chancery Lane says is “arbitrary and unrealistic” – of the end of 2023 for ministers […]
5 tips to help grow communities who will boost your business
Many of us want to grow our business, but not everyone knows how. In this short article Legal Growth will be sharing five tips to help grow communities of people that will deliver business growth. We’ll also share how to utilise and harness these communities. Firstly, and apologies if we’re teaching you to suck eggs, […]