October sees HMRC pocket further £0.6 billion from IHT
HM Revenue & Customs (HMRC) received a further £0.6 billion in inheritance tax (IHT) receipts during October, new data has revealed. The total take for the tax year to date now sits at a striking £4.1 billion, some £0.5 billion higher than the same period a year earlier. Following months of successive property price rises, […]
Probate chief struck off after overcharging clients by half a million pounds
Solicitor claims errors came as he was tired after working over 80 hours a week A 79-year-old solicitor at a probate and conveyancing firm has been struck off after overcharging clients by over £470,000. George Edward Nosworthy was a principal solicitor for Cree Godfrey & Wood before he was struck off. The Solicitors Regulation Authority […]
Millennials “willing to forgo inheritance” to see parents comfortably retire
New research from Barclays has suggested nearly a third of millennials are willing to forgo their inheritance to see their parents focus on funding a comfortable retirement. Their study of 4,000 40-year-old millennials in the UK found that, while 99% of parents intend on passing an inheritance onto their children or grandchildren, some 36% are […]
Estate planning bodies come together to create “joined-up voice” for the sector
Three prominent estate planning membership organisations have come together with the aim of creating a “louder, joined-up voice to represent the sector”. The Society of Will Writers (SWW), the Institute of Professional Willwriters (IPW), and the B.E.S.T Foundation met in Gloucestershire to discuss a variety of topics relating to the industry. The meeting is not […]
National Will Register hits milestone 10 millionth will registered
The 10 millionth Will has been registered on the UK’s register of Wills. The National Will Register announced that they now have over 10 million Wills registered in their system. A study in 2021, carried out by insurance provider Canada Life, found that around two in five UK adults, or 21 million people, have made […]
Multi-million pound legal row rages over legacy of aircraft pioneer
The daughter of an inventor who played a key role in the creation of revolutionary fighter jet is suing her cousin over her father’s legacy. Candice Harrison is challenging an inheritance left to her cousin, Jonathan Greenwood, who was gifted £400,000 as part of her father’s estate, as she claims he took advantage of her […]
Posthumous conception judgment a reminder that will writers can help avoid disputes
A recent case heard in the Court of Protection has offered a stark reminder that clear consent for one’s gametes to be retrieved is paramount – a simple desire to be a parent will not suffice. What’s more, it has been suggested by a leading family lawyer acting on the case that will writers could […]
What is the impact of Guest v Guest in cases of proprietary estoppel?
On 19th October 2022, the Supreme Court handed down its long-awaited judgment in the matter of Guest and another v Guest [2022] UKSC 27. The case was ultimately decided by a 3-2 majority after an in-depth analysis of the legal principle of proprietary estoppel. Whilst the recent judgment provides a useful insight as to how […]
LawCare: Why men in law don’t speak up about mental health
Legal mental health charity LawCare has today released the findings of its all-male focus group to understand the needs of men in law in relation to mental health support in the workplace. The aim of the focus group, a diverse range of barristers, partners, mid-level and junior associates, in-house lawyers as well as those in […]