IHT receipts £0.3bn higher than last year – HMRC
Inheritance Tax (IHT) receipts for April 2024 to August 2024 are £3.5 billion, which is £0.3 billion higher than the same period last year, HM Revenue and Customs reported. Laura Hayward, Tax Partner at Evelyn Partners, said that the rising IHT receipts are a “fact of life” for the Treasury but at the current rate […]
Chancellor urged to scrap £2bn IHT relief on family homes
Rachel Reeves is facing increasing pressure to abolish the £175,000 residence nil-rate band in her upcoming budget on October 30th, with calls mounting for a reform of the inheritance tax system. The Resolution Foundation, a left-leaning think tank, has proposed that there is a “strong case” for scrapping the allowance, which has allowed homeowners to […]
Assisted dying debate set to intensify as UK faces potential law change
A vote to introduce assisted dying in the UK could be on the horizon, as Downing Street has indicated it will not obstruct a private member’s bill on the matter. Polling by YouGov in 2024 shows that 69% of Britons favour changing the law to allow assisted dying for those suffering from terminal illnesses. However, […]
British millionaire’s daughter wins legal battle over will after ex ‘dumped him in cheapest possible grave’
Jill Langley, the 70-year-old daughter of British millionaire Robert Harrington, has secured a significant legal victory after successfully contesting her late father’s will, as reported by The Telegraph. Harrington, who passed away in 2020 at the age of 94, had disinherited his only child, leaving his entire estate—valued at £1 million—to his much younger wife, […]
Ticket deadline and brochure launched – #BWAPAwards2024
With The British Wills and Probate Awards, sponsored by CTT Group just three weeks away ticket sales are reaching a crescendo with over 700 practitioners from around the community expected to come together to join in the evening’s celebrations in person and online. The awards are hosted at Kimpton Clocktower in Manchester and will also […]
BDA partners with Culver Law to launch first BSL Accessible Will Writing Service during Remember a Charity Week
In celebration of Remember a Charity Week, the British Deaf Association (BDA) has announced that Culver Law is now offering the first ever British Sign Language (BSL) accessible will writing service to the Deaf community. They have said that they are proud that their cause has been recognised and that this crucial service is now […]
ILM to launch Love Your Legacy Manager campaign
The Institute of Legacy Management (ILM) is launching its first-ever Love Your Legacy Manager (LYLM) campaign on 25 September, aimed at CEOs and senior managers across the charity sector. Designed to create awareness of the importance of the legacy manager role and highlight legacies as an increasingly valuable income stream, it will include a dedicated […]
Wills in North America vs England & Wales
Tim Hewson joins the Today’s Wills and Probate podcast to discuss LegalWills – his Canadian-based technology company providing will writing and estate planning services in Canada and North America. The business started in a bar in Ottawa where Tim and his colleagues were discussing whether any of them, all successful tech high-flyers, had a will […]