The impact of Ad Colligenda Bona: A Legal Process
Ad colligenda bona is a Latin term that refers to a legal process used to gather and manage the assets of the deceased person where there is no clear executor or administrator of their estate. In this situation, a court-appointed representative is tasked with collecting the assets, paying off debts and distributing the remaining estate […]
Can LegalTech help prevent practitioners from experiencing burnout and help firms retain their key members?
Within the legal profession, traditionally characterised by punishing workloads and long hours, stress and poor mental health are common. This can be further exacerbated within the probate sector whilst dealing with, and supporting, vulnerable clients. But it isn’t just never-ending workloads and long hours that contribute to the individuals stress, research from Exizent’s Bereavement Index […]
38% of working age people are ‘undersaving for retirement’
New data has revealed that 38% of working age people (equivalent to 12.5 million) are undersaving for retirement when measured against TRRs Before Housing Costs (BHC). This data is calculated on the basis of converting the full value of an individual’s Defined Contribution (DC) pension into an annuity. The level of undersaving increases to 43% […]
