New research has revealed how the Government pocketed an additional £793m in a single year from inheritance tax liabilities, largely due to the pandemic inspired boom in property values spurred by the stamp duty holiday. Read More
The Assisted Dying Bill 2023 passed its second reading in the House of Keys. Politicians chose to progress the Assisted Dying Bill that would allow terminally-ill Isle of Man residents the right to choose to end Read More
New projections indicate that the number of individuals with dementia in England and Wales is set to nearly double, reaching 1.7 million by 2040 – 42% higher than previously anticipated, as reported by The Times. This concerning trend, linked Read More
STEP has published the Third Edition of its Standard Provisions. The STEP Standard Provisions are a set of ready-made clauses that can be inserted into a will. They provide protections and powers that enable the Read More
Insuristic Launches Estate Finance, a New Deferred Finance Solution for The Estate Administration Market which help executors fund the cost of estate administration, whilst helping estate administration professionals improve their cashflow. Rob Faulkner, CEO of Read More
An anticipated cut to Inheritance Tax (IHT) prior to the next general election would be welcome according to a leading firm. DJ Alexander Ltd, estate and letting agents in Scotland, said that recent news reports Read More
On Thursday 26th October the Women in Wills Virtual Webinar took place, discussing all things risk and due diligence. Always an important topic but potentially even more so given the recent SRA updates on risk Read More
In a legal battle over a £100 million share of her late father’s fortune, Olga Scherbakova has made a startling claim in London’s High Court, alleging that her father, Russian oligarch Vladimir Scherbakov, was Read More
Have you noticed small, unexplained card payments to your firm? Criminals use ‘pay online’ website links to test stolen credit and debit card information, which can ultimately lead to much larger cases of card fraud. Read More
Chancellor Jeremy Hunt is reportedly mulling over the possibility of reducing inheritance tax in the upcoming Autumn Statement, as reported by The Telegraph. If independent data confirms available fiscal space, Hunt is open to accelerating Read More
Myerson Solicitors have announced the hire of Legal Director Adam Carvalho as part of their ongoing period of organic growth. Adam joins the Myerson Contentious Trusts and Probate team at the Legal Director level, bringing Read More
The Law Society of England and Wales have expressed their concern regarding the idea that the Solicitors Regulation Authority (SRA) are considering a one-off levy on the profession to cover the likely shortfall in the Read More
The Assisted Dying Bill (a private members’ bill) is having its seconding reading in the House of Keys today. These proposed new laws would provide terminally-ill Isle of Man residents (with less than six months Read More
New research has revealed that British pension holders could be entitled to nearly £6 billion in stamp duty refunds from HMRC due to being misadvised in relation to the tax, according to Cornerstone Tax. The revelation Read More
Inheritance Tax (IHT) receipts for April 2023 to September 2023 are £3.9 billion, which is £0.4 billion higher than the same period last year, according to HM Revenue & Customs (HMRC). Lower receipts in April and May 2020 were attributed Read More
Homeowners – facing high levels of debt and inadequate pension savings – are turning to borrowing against property value in later life, according to the Equity Release Council’s Autumn 2023 Market Report. High levels of debt and Read More
Law firms have been warned they must do more to properly assess money laundering risk after a report last week identified 1/3 of firms are still not fully compliant with their obligations. The scale of non-compliance Read More
The National Association of Licensed Paralegals (NALP) are hosting their third National Paralegal Day with an evening event at the House of Commons in London on Wednesday 8th November 2023, from 7pm to 9pm. The event Read More
The England and Wales High Court (EWHC) has rejected a will challenge made by two brothers on the basis of mutual wills allegedly made by their parents. However, it allowed the claim on the alternative Read More
Estatesearch have confirmed the launch of their new will search which means that “reasonable steps have been taken to identify any later or missing will that helps ensure the testator’s wishes are carried out Read More
- B P Collins LLP’s Lisa McBrearty promoted to senior associate in private client practice
- Verifying family trees isn’t just for probate cases
- Will Aid 2023: Highest donating Firm
- UK government to overhaul non-domicile tax status in favour of modernised system
- Navigating the ups and downs of running a will writing business
- Can someone with dementia create a valid will?
- Client blog: What happens to my debt when I die?
- Leaving a Lasting Legacy: World Vision offering free Will-writing this March
- Battle over will highlights risks of predatory marriages and importance of protecting vulnerable elders
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