IHT receipts reveal £0.7bn increase

Latest HMRC figures show that IHT receipts for April 2021 to March 2022 are £6 1 billion which is £0 7 billion higher than in the same period a year earlier Commenting on the overall

The equity release market is continuing to expand following 2021 s return to growth with the latest research from the Equity Release Council ERC showing a further increases in the number of equity release customers

Tower Street Finance is pleased to announce that Robert Husband has been appointed as permanent CEO Robert joined the business as interim CEO in the summer of 2021 Robert has spent the last 20 years

Solicitors maintained services to their clients through successive lockdowns and many reported solid business performance for the first year of the pandemic according to the Law Society of England and Wales law management section Financial

Following the announcement that funeral plans will become regulated from 29th July experts predict that the emergence of pre paid probate plans will be the next major product to dominate the unregulated marketplace In recent

Are increasing probate applications affecting backlogs?

New figures show that HMCTS efforts to reduce backlogs in the probate service are being affected by increasing volumes of probate applications January HMCTS figures have revealed that the number of probate applications being made

The Parliamentary and Health Service Ombudsman PHSO and the Local Government and Social Care Ombudsman LGSCO have released new guidance to tackle common and repeated mistakes seen in the aftercare of patients receiving support under

OPG criticised on LinkedIn: delays increasing and service "deteriorating"

It is widely reported that the Office of Public Guardian OPG has been suffering from Lasting Power of Attorney LPA registration delays for some time now But while the OPG has acknowledged the delays and

Leaseholders on fixed retirement incomes could be denied equity release

New analysis reveals 450 000 homeowners in England and Wales are at risk of becoming mortgage prisoners because their leases have run down to less than 75 years the crucial threshold for mortgage finance including

Today s Wills and Probate and the wider Today s Media team would like to wish you all a wonderful and restful Easter break We ll be back on Tuesday with daily updates

Following consultation on the future of post six year run off cover the Solicitors Regulation Authority SRA has announced that it will seek a further 12 month extension to the Solicitors Indemnity Fund SIF 8211

Pensioners urged to apply for pension credit

Pensioners and their loved ones are being urged to take up Pension Credit as a new government campaign is launched to help those of pension age with the cost of living Starting this month advertising

Digital go-live for subject access requests

Requests for personal information can now be made through a new digital service A new digital service allowing individuals to request personal information is now available which aims to improve the user experience for subject

Two-thirds plan to adopt "flexi-retirement" lifestyle

Latest research from abrdn reveals that two thirds of those planning to retire this year will work part time to keep up with the rising cost of living The research which surveyed 2 000 Brits

Solicitors warn that complex probate should be left to experts

A post Covid rise in disputed wills has led to warnings from experts that complex probate should be left to the experts Contested probate cases in England and Wales rose in 2019 and 2020 when

Equity Release Council: penalty-free repayments now "standard feature"

The Equity Release Council has announced that the option for borrowers to make penalty free partial repayments will become a fifth standard feature for all equity release providers with immediate effect Introduced on Wednesday 28th

The state pension is expected to reach over £200 per week in 2024 Chancellor Rishi Sunak s Spring Statement revealed that little help will be on offer for pensioners when the state pension rises by

Boutique law firm Hugh Jones Solicitors has announced leadership changes to implement the next phase of its strategic journey The Manchester based Court of Protection and private client niche firm has appointed Liz Hughes to

Legal and professional services firm Knights has completed acquisition of Langleys Solicitors of York and Lincoln in a deal worth £11 5 million As one of the most well known and substantial legal practices in

Half of UK wills out of date: SFE launches "update your will" week

Research commissioned by SFE has revealed that almost half 47 of brits who have a will haven 8217 t updated it for more than five years meaning nearly half of wills in the UK are

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