Legal Case Study: Addressing Beneficiary Scepticism
Receiving an unexpected call or email informing you of an entitlement to an estate can be unsettling. Understandably, potential beneficiaries may feel overwhelmed and question the legitimacy of such claims. In many cases, estates arise from estranged relationships or from individuals the beneficiary may not even recall. In this article, we share a case study […]
Nationwide fined £44m by FCA for AML failures
Nationwide Building Society has been fined £44 million by the Financial Conduct Authority (FCA) for “inadequate anti-financial crime systems and controls between October 2016 to July 2021.” The financial regulator said the building society had “ineffective systems for keeping up-to-date due diligence and risk assessments for all its personal current account customers and for monitoring […]
Maladministered estate: How to intervene without delay
In this week’s look at executor disputes, Nicola K Smith offers advice on identifying a maladministered estate and explains how to get things back on track. Most people assume that if someone’s named as an executor, they’ll do the job properly. But that’s not always what happens in practice. Sometimes, executors go silent. Sometimes […]