Readers invited to Charity Golf Day
A Today’s Wills and Probate Charity Golf Day is being hosted on 29th September 2023 and readers are invited to enter a team and support a fantastic charitable cause. The day is being hosted at Sandwell Park Golf Club located centrally just off J1 of the M5 and will start from 9am. The charity chosen […]
Upcoming events with Women in Wills
Women in Wills (WIW) has some fantastic events coming up. If you are not a member already, the group is a free membership group for women working throughout the wills and probate industry. The group encourages collaboration and knowledge sharing through regular events covering a broad range of topics both professional and personal. On the […]
Sneak peek into the 2023 Bereavement Index
Earlier this year, Exizent began their research for their annual Bereavement Index report by conducting a comprehensive survey involving individuals who navigated the intricate pathways of bereavement, coupled with the consequential administrative protocols following the loss of a loved one. As per their previous reports, their research extended not only to individuals but also involved […]
Brothers defeat sister in dispute over mother’s £1m will after fourth court appearance
After being left out of their mother’s £1 million will, three brothers have sued their tennis coach sister and won a legal battle which has gone to court four times. Their mother passed away and left all of her fortune to her daughter in 2019. David, Nino and Remo Rea have been “feuding” with their […]
Proposals to abolish inheritance tax ‘must take into account risk of legacy income loss for charities’
With the current Inheritance Tax (IHT) framework offering generous incentives for legacy giving – a growing income stream for UK charities – Remember A Charity are calling on government and policymakers to consult with the sector and to ensure that legacy income will be protected. Over 50 MPs have called for IHT to be abolished, […]
1m young people ‘could have £2,000 with their name on it’ in unclaimed CTFs – analysis
As many as one million young people across the UK could have £2,000 to their name sitting in unclaimed child trust funds (CTF), according to new data from the HL Savings & Resilience Barometer. Specifically, the Public Accounts Committee says there could be £1.7 in unclaimed child trust funds. This comes recently after a report […]
Calls for LISA reform amidst Consumer Duty ‘foreseeable harm’ rule
The number of people making unauthorised withdrawals from a Lifetime ISA (LISA) rose by 56% to 74,650 in the 2022/23 tax year – up from 47,850 in 2021/22 – leading to calls for reform in the context of the Consumer Duty’s “foreseeable harm” rule. The withdrawals amounted to a huge £47.2 million hit to savers […]
Tax-free retirement pot ‘under threat’
The rule allowing individuals to leave a tax-free retirement pot is at risk as tax breaks for people who inherit a pension could be taken away, as reported by The Times. Currently, if somebody inherits an untouched pension pot from someone who died before the age of 75, they do not need to pay any […]
