Section 27 Notices: What’s the Alternative?
A Section 27 notice placed in the UK’s official public record – The Gazette – and in local newspapers, is designed to protect personal representatives from claims from future creditors by notifying them when someone has passed away. However, recently, some of the most forward thinking legal firms are exploring better ways to manage this […]
Are customers being treated fairly by the probate process?
For most consumers, engaging with anyone in the legal profession can be a daunting prospect. Not unusually, they are only obliged to seek legal help when they are in a vulnerable state. And there can be few more vulnerable times than after having suffered a bereavement. Notwithstanding that deaths in the UK actually reached a […]
Major legal regulators fall short in latest performance assessment
The two largest legal regulators in England and Wales have fallen short of expected standards, according to the latest annual performance assessment published by the Legal Services Board (LSB). The Solicitors Regulation Authority (SRA) and Bar Standards Board (BSB) together regulate more than 90% of legal professionals in England and Wales. Both failed to demonstrate […]
Over 65s hold property wealth of more than £2.9 trillion
Over-65s own property wealth of £2.944 trillion outright which could be put to use supporting their retirement planning and give a boost to the property market, data from Key Later Life Finance shows. Its data shows more than 10 million over-65s own their properties outright without a mortgage and can potentially put the wealth to […]