Most estates overvalue everyday items — and it’s costing clients dearly.
At first glance valuing an estate’s contents seems straightforward enough but it is surprisingly easy to get it wrong. Every day, solicitors and executors submit probate valuations that drastically overstate the worth of ordinary household items. Whether through guesswork or sentiment the result is inflated figures that can have financial consequences for taxable estates. It’s […]
What happens if an Executor loses capacity? New blog from Kings Court Trust
Being named as an Executor in a Will comes with significant responsibility, including valuing all the assets and liabilities, applying for the Grant of Probate, and ensuring all taxes are finalised before distributing the estate. But what happens if the person appointed as Executor loses mental capacity before or during the estate administration process? In this […]
Tickets for ‘the Oscars of the probate world’ are now available
Tickets for the British Wills and Probate Awards 2025, sponsored by Arken.legal, are now available ahead of the eight edition of the prestigious event hosted in Manchester on 9th October 2025. Established in 2018, The ‘BWAPs’ as they are affectionately known, recognise and celebrate excellence across the private client and will writing communities. Uniquely championing […]
Uplift in life insurance enquiries to beat IHT
Enquiries about life insurance policies for inheritance tax (IHT) purposes have more than doubled since the Autumn budget when Chancellor Rachel Reeves announced a raft of tax reforms. The Times says brokers and financial advisers have reported an increase in the number of enquiries for life insurance because it can be put in trust and […]