The Solicitors Regulation Authority (SRA) has issued a fine of £4,000 against a firm that has failed to have a money laundering risk assessment in place for more than four years, according to The Law
The Financial Conduct Authority’s (FCA) Consumer Duty came into force on 31st July 2023 for existing products and services, seeks to ensure customers receive these “good outcomes” and will impact providers of certain probate products,
Serle Court welcomes Thomas Fletcher to Chambers, leading set of barristers’ chambers offering expertise across a broad range of both chancery and commercial disciplines. Thomas has been involved in some of the most legally significant
New research has found that more than half of law firms could miss out on 96% of talent entering the legal sector – if they don’t consider all university backgrounds. A study in April revealed
The UK government is considering temporarily exempting properties awaiting probate from the increase in the council tax surcharge for vacant or second homes in England, as reported by STEP. The surcharges were first introduced in
Downing Street is currently holding talks about scrapping inheritance tax (IHT) as part of its manifesto ahead of the general election, as reported by The Times. HMRC’s second update for 2023/24 revealed £1.2 billion was
The BBC has launched the new drama series, “The Sixth Commandment”, about a killer who defrauded the vulnerable by manipulating them into fake relationships to change their wills. The four-part drama written by Sarah Phelps
A sister and three bothers are in a legal battle over dead mother’s whole estate and are now returning to court for the fourth time, as reported by The Times. Since their mother left all
Chancellor Jeremy Hunt has revealed that the average earners will be more than £1,000 a year better off in retirement – also increasing retirement pots by 12% – due to government plans to reform the
The Lord Chancellor has approved the appointment of a new Chairman of the Law Commission of England and Wales, according to the Ministry of Justice. The Lord Chancellor has approved the appointment of the Honourable
New statistics from the Ministry of Justice reveal that significant progress is yet to be made on improving judicial diversity, with progress in certain areas described as “negligible”. The Diversity of the judiciary 2023 statistics
Roskilly and Mills, a new legal practice in Bristol, and Adkirk Law, a Preston-based firm, have both announced the launch of their new wills and probate practices. Preston-based firm Adkirk Law are launching a new
A new study has found that isolation in old age is linked to brain shrinkage – a contributing fact to the development of dementia, according to The Times. The findings suggested that helping people start
Podcast host David Opie is joined by CEO of Farewill, Dan Garrett to discuss the current industry and the role of technology in the latest Today’s Wills and Probate podcast. You can listen to the
A surgeon who married his colleague with cancer just four days before she died has inherited her entire £10 million fortune. The surgeon, Dr Chris Lattime is currently in the High Court with Dr Evi
According to new research, people aged 50 and over on average think they will live until around age 80, whether male or female. The good news is, according to the ONS life expectancy calculator, a
A will found under a sofa cushion in Arethra Franklin’s home has been ruled valid by a jury in the United States after two of her sons challenged the previous will which would’ve left her
A judge has found that a solicitor is not personally liable for fees, disbursements, and expenses when acting as a Court of Protection-appointed deputy. This is evident in the case of Catherine Joan Brassington v
Co-op Funeralcare are set to introduce the biggest change to funerals in over 120 years as water cremation, also known as resomation, is to be made available in the UK. In a move that is
Bereaved families in the North East of England are to be offered pioneering step-by-step guidance and assistance to deal with the heavy admin burden following a death. A new partnership has been announced between Northumberland
New research has revealed that 70% of respondents believe it’s harder to retire comfortably in the UK today than ever before. A survey, conducted by investment comparison site Investing Reviews, asked over 2,000 users their
New powers from the Charities Act 2022 have now come into effect resulting in changes for the sector, according to The Charity Commission. The Charity Commission has updated its existing guidance to reflect these changes,
Following the LDI crisis last year, MPs have stressed that more safeguards are needed to ensure that pension schemes never jeopardise the stability of the UK economy, as reported by Business Telegraph. According to a
In a prolonged legal battle over a mother’s will and the distribution of a £6 million family farm, a brother and sister are trapped in a fight that is causing them “ruinous” financial loss. The
A solicitor has been banned for wrongly overcharging clients thousands of pounds, as reported in the Law Society Gazette. For two and a half years, solicitor-deputy Alex Richard Guy is reported to have wrongly billed
Solicitors providing “unbundled” services could make legal help affordable for those whom it is currently too expensive, a new report has found. The Solicitors Regulation Authority (SRA) conducted research into unbundling of legal services to
HMRC’s second update for 2023/24 reveals £1.2 billion was collected by the Treasury through the first two months of the 2023/24 Financial Year. It marks a 13% increase from the £1.1 billion raised by this
According to the most recent data (2018 to 2020) the Gender Pensions Gap in private pensions stands at 35%. The Gender Pensions Gap is defined as the percentage difference between female and male non-zero uncrystallised
A new survey has revealed that 78% of respondents believe the retirement age in the UK should be lowered, whilst 42% of Brits would prefer to leave the UK and live abroad for their retirement.
Women in Wills hosted the second episode of the Interview Series on Wednesday the 7th of June, sponsored by Arken.legal. Pippa Shepard, head of Customer Engagement at Arken.legal, interviewed Eleanor Evans from Hugh James and
Today’s Wills and Probate has learned that the Law Commission is aware of concerns around predatory marriage, and “will be considering [the issue]” in its upcoming supplementary consultation paper on wills, which it says is
Harrogate-headquartered IDR Law has announced a £3.25 million capital investment from experienced growth capital investors BGF. IDR Law says it is the only UK law firm to specialise solely in the resolution of contentious wills,