38 178 charitable estates were found in wills in 2023 the highest number recorded since tracking sector data in 2012 according to Smee amp Ford s annual trends report The 2023 figure is the highest
HM Revenue amp Customs data has revealed that a record amount of £7 5billion in Inheritance Tax was paid to the Treasury in the 2023 24 tax year Total receipts for April 2023 to March
Exizent have announced the launch of its Bereavement Index for the fourth consecutive year This index provides insights into the state of bereavement in the United Kingdom highlighting areas where progress has been made and
New analysis of Freedom of Information FoI data obtained from the Ministry of Justice by Quilter has found that the number of probate cases taking over a year to be granted has risen by 65
Make a Will Online has announced its victory in the 8220 Best Strategic Will Provider 8221 category at the Smee amp Ford Legacy Giving Awards 2024 This prestigious accolade recognises Make a Will Online 8217
A report warns that over half a million individuals with dementia could slip through the diagnostic net in the UK by 2040 unless significant changes are made to detection methods as reported by The Telegraph
Public appetite for charitable gifts in wills is on the rise with more than one in five charity donors 21 aged 40+ saying they have included a gift in their will up from 14 in
The waiting time for probate applications has slightly decreased in the number of weeks from submission to grant issue for all probate applications 8211 decreasing from 13 8 to 13 7 weeks according to HM
New research by the Law Society and the Legal Services Board reveals that two thirds of adults in England and Wales 66 have experienced at least one legal issue in the last four years The
Jo Summers TEP partner in the private wealth amp tax team at law firm Jurit LLP has given oral evidence to the Justice Committee examining the impact of probate delays The inquiry launched in November
The Legal Services Board LSB has announced an independent review of the Solicitors Regulation Authority s SRA regulatory actions in the lead up to the collapse of SSB Group The LSB will add this review
HMRC has published additional guidance for pension scheme administrators on a range of issues including the abolition of the lifetime allowance HMRC provides further guidance on the abolition of the lifetime allowance LTA in the
Rachel Reeves the shadow chancellor is set to announce Labour 8217 s plan to close an inheritance tax loophole for non domiciled individuals and target tax avoiders to fund investments in schools and the NHS
The Legal Services Board LSB has published plans for 2024 25 on how it will ensure regulation contributes fully to delivering legal services that better meet the needs of society The business plan is focused
B P Collins has announced that Lisa McBrearty has been promoted to senior associate in the private client practice With over 18 years of experience in helping clients with their future planning and a full
LexisNexis Legal amp Professional® released a new report Disloyal lawyers has the partnership model lost its lustre which reveals the majority of legal associates aren t racing to take on the responsibilities risks and potential
Pregnant women and new parents will now receive special treatment in a redundancy situation as a suite of new laws are introduced delivering the Government s plan to support families and back hardworking Brits New
In 2023 there were 122 contested probate cases up from 116 cases in 2022 according to the Ministry of Justice Family Court Statistics Philip Collins Partner at Winckworth Sherwood said that it 8220 isn 8217
Statistics from the Family Court reveal a notable surge in Lasting Power of Attorney LPA registrations in 2023 surpassing a million for the first time The data covering October to December 2023 indicates a 37
The Institute of Legacy Management reports a significant surge in new legacies received by charities marking a potential record breaking year for legacy income According to their findings the probate backlog has been substantially reduced
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