Traditional vs. modern methods of property auction: A divided landscape
Traditional auctions have long been a cornerstone of the property market, particularly for probate properties. Nick Kalms, Co-Founder and CEO of Probate Auction, emphasises the relevance of traditional auctions. He said: “Traditional auctions via live stream tick all the necessary boxes. They offer transparency and certainty to the estate while delivering what is arguably the market […]
IHT receipts £0.8bn higher than same period last year – HMRC
Inheritance Tax receipts for April 2024 to March 2025 are £8.2 billion, which is £0.8 billion higher than the same period last year, HM Revenue and Customs revealed. That is an increase of 10.8% on the same period of 2023/24. The inheritance tax take for the Treasury has notched up another record financial year. Ian […]
£1,000 retirement savings boost from plans to bring together small pension pots
Millions of Brits will find it easier to track their pension savings with the creation of a small pensions pot consolidator, in reforms unveiled by the pensions minister. There are now 13 million of these small pots, holding £1,000 or less, with the number increasing by around one million a year. This is a hassle […]
Nottingham Legal Executive disqualified after misappropriating over £219k from client estates
A legal executive based in Nottingham has been disqualified by the Solicitors Regulation Authority (SRA) following a series of dishonest acts involving the misappropriation of more than £219,000 from deceased clients’ estates. Christopher Takamitsu Foster, previously employed at Robert Barber & Sons in West Bridgford, was found to have abused his position of trust between […]
IHT concerns bring rise in pension spending and gifting
Older people with substantial pension savings are increasingly looking at ways to spend their money rather than risk saddling relatives with additional inheritance tax (IHT) payments after their death, according to Fraser and Fraser. Sector experts say the trend has been triggered by the government’s recent announcement that unused pensions may be subject to IHT […]
Dates for the Diary: TWP Festival and The British Wills and Probate Awards 2025
Today’s Media, publishers of Today’s Wills and Probate, are hosting two major events in 2025 designed to elevate and recognise the work of private client professionals across the regulated and unregulated legal communities. We invite you to join us at our upcoming events; should you have any questions please do not hesitate to contact us […]
Scam warning as firm targeted with fake reviews
Scammers have targeted a conveyancing firm and posted fake one-star reviews after the founder refused to provide sensitive and personal information. Rose Davis, founder and Director at Davis & Co Property Lawyers, has warned firms of the scam which sees scammers post fake one-star reviews, and leave scathing comments, after she refused to share her […]
Defining workplace culture and its impact on leaders and employees
The latest Today’s Wills and Probate Podcast welcomes workplace culture and staff retention specialist Andre Thomas of Thomas Telman to discuss the critical importance of cultivating a positive workplace culture and the direct impact this has on staff retention and overall business success. The firm has created a empirical methodology by which culture can be […]