In a series of Supporters in Focus pieces, we are thrilled to introduce our sponsor of the Private Client Team of the Year (Boutique) Award at The British Wills and Probate Awards 2023.
We are delighted to have Inheritance Data on board with the sixth year of The British Wills & Probate Awards and grateful they took the time to answer some of our questions.
First of all, tell us who you are and what you do ?
Inheritance Data supply legal services, providing efficient and effective probate solutions to the private client industry.
With a range of products from our award-winning Financial Asset and Liability Search to placing statutory notices, we help to streamline the difficult task of estate administration whilst helping to ensure due diligence and compliance has been completed for our clients.
Having partnered with leading industry suppliers such as The National Will Register, The Gazette and Equifax, we are able to offer multiple industry leading products in one convenient place.
What made you support this category and what is your message to the shortlisted firms ?
We have supported this category for the last 3 years and really feel that it highlights the amazing work that Solicitor firms conduct across the country. Our message is really, keep up the good work and we are wishing you the best of luck.
Can you share a success story or notable achievement related to your work in the legal sector? How has it impacted your company or the industry as a whole?
We recently had a case where a solicitor was acting on behalf of a lay executor. Unfortunately, the individual lost their father very suddenly and although they were appointed in the Will as executor, had no information on the deceased’s assets and liabilities.
The Solicitor conducted an asset and liability search through our online platform, and we are pleased to report that we uncovered not only several bank accounts and a pension policy which the family were unaware of, but also over £200k worth of shares. Due to the shares being held in multiple holdings across different registrars, it would have taken some time to have identified the number of holdings and value across them all. Thankfully, our comprehensive report was able to give all this information within 36 hours of the search being placed, which in turn helped to expedite the probate process.
Inheritance Data has developed unique technology which is assisting the industry in gathering results faster and more comprehensive than ever before.
How do you envision your company’s role in shaping the future of the legal sector? What impact do you hope to have on the industry?
We have built our company and provide services on the requirements and wishes of our clients. Therefore, we can offer services that actually assist and streamline the difficult tasks of administration and really add value to the industry as a whole. Over the coming year, we are adding more services and forever ensuring our platform is user friendly with the aim to become the go to place for administration services in the UK. We have some very exciting partnerships which will be announced over the coming months so watch this space.
Now, let’s meet the Solicitor Firm of the Year National shortlist (in alphabetical order):
- Brabners LLP
- Emmersons Solicitors Limited
- Hugh James
- Weightmans
Thank you to Inheritance Data for their support for The British Wills & Probate Awards 2023.
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