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Chancellor of the Exchequer Jeremy Hunt is reportedly set to announce an extension to the freeze of the inheritance tax (IHT) nil rate band (NRB) until 2027-28. The freeze is currently in place until 2025-26,
New research has revealed a striking 34.6% of people in the UK feel uncertain about their retirement plans, with the threat of recession and cost of living crisis both adding to the unsettled feelings of
The Law Society of England and Wales has issued damning criticism of the contents of the Retained EU Law (Revocation and Reform) Bill currently going through parliament. Proposals within the Bill include the “sunset clause”,
Two of the firms within the Metamorph legal consortium – MLL Limited and Beaumont ABS Limited – are said to be facing a new winding-up petition amidst claims that executive chairman Tony Stockdale has ended
The government has rejected almost all proposals for cohabitation law reform put forward in the Women and Equalities Committee’s recent report. The report highlighted the lack of legal protection afforded to cohabiting couples, with Resolution
“It’s rare to come across a private client solicitor with board experience.” The words of Kelly Reid, Associate Director at Realm Recruit and recruitment specialist in private client and Court of Protection solicitors, confirm what
The number of reports received by the Solicitors Regulation Authority (SRA) regarding potential breaches of money laundering regulations fell by 8% from 273 to 252 between the 2021/22 financial year and the year prior, new
The Legal Ombudsman (LeO) has confirmed that changes to its Scheme Rules, which will aim to make it harder for clients to complain about legal services, will come into effect on 1st April 2023. One
The Legal Service Board (LSB) has published a new approach to regulatory performance. It invites the front line legal regulators to take the lead on demonstrating that they are well-led and have an effective approach
His Majesty The King has approved the appointment of Mrs Justice Falk as a Lady Justice of Appeal in the Court of Appeal, the Ministry of Justice has announced. Such appointments are made by His
The Law Society of England and Wales has launched a new Junior Solicitors Network (JSN) in an effort to “engage and support junior solicitors, talk about the pressing issues they face, and provide easy access
A new campaign to improve the rights of employees undergoing fertility treatment has this week been launched in Parliament as part of National Fertility Awareness Week. Here’s all you need to know on how you
People with dementia are being “let down” by both retailers and the financial services industry within the high street, with new research suggesting a review of the Lasting Power of Attorney (LPA) process is one
New figures released by HM Revenue & Customs (HMRC) climbed by £0.6 billion in September, reaching a total of £3.5 billion since April. This sets total receipts at a level £0.4 billion higher than this
New figures released by the Equity Release Council (ERC) have revealed that the number of equity release plans taken out by homeowners aged 55+ soared by a striking 8% in Q3 2022. 13,452 new plans
Looking back on a #BWAPSOLUTELYFABULOUS night at the British Wills and Probate Awards 2022… ‘Twas the night before the Awards when all through the house, Not a creature was stirring, not even a mouse; Wills
Rishi Sunak has been declared as the new leader of the Conservative party and therefore the next prime minister of the United Kingdom. This comes as Penny Mordaunt, the other Conservative candidate to officially announce
A private client solicitor has been struck off after the Solicitors Disciplinary Tribunal found that he had overcharged a vulnerable widow by over £250,000 while taking over six years to administer her estate. Jayesh Sasdev,
New research has revealed that a substantial number of advisers believe the cost of living crisis is likely to increase prevalence of the “living inheritance” with the number of clients seeking to give lump sum
Two siblings’ inheritance dispute with their uncle has resulted in the latter receiving a prison sentence after refusing to pay his niece and nephew £237,000 left to them by his mother. Mark Totton, 51, was
Liz Truss has announced her resignation as prime minister of the United Kingdom and leader of the Conservative Party. In doing so, she becomes the shortest-serving prime minister in history with her reign having ended
Chancellor of the Exchequer Jeremy Hunt has confirmed that almost all tax measures included in the mini-budget will be reversed. Hunt’s predecessor Kwasi Kwarteng, whom he replaced only days ago, had announced a series of
The legal sector is in danger of a surge in cyber-attacks due to a sharp rise in staff using unsecured networks for work, according to new analysis. Employees are increasingly using unsecured public Wi-Fi hotspots
Jeremy Hunt has been confirmed as the new Chancellor of the Exchequer, becoming the fifth person to occupy Number 11 Downing Street since 2019. This comes as Kwasi Kwarteng was pushed out of Truss’ government
A new report has found that the “slow and complicated” estate administration process is increasing the stress, mental health concerns, and financial difficulties of those going through it – and it’s only getting worse. Exizent’s
HM Courts & Tribunals Service (HMCTS) has announced upcoming changes to the Probate caveat application process. From Tuesday 25th October 2022, the process will be updated to become “simpler and more consistent for all users”.
Thursday 6th October saw the formal launch of a new membership body for estate planning practitioners. Delayed since the Summer due to train strikes and the August holiday exodus, the launch event for the recently
Wills, probate, trusts, tax, estate planning, inheritance, LPAs, regulation, legislation, caselaw… These are not topics you will find covered in your local newspaper – and they are seldom found in your national newspaper, either. But
The Law Society of England and Wales has confirmed that Lubna Shuja was this week inaugurated as its 178th president, becoming the first Asian, first Muslim, and seventh female president of the Society. This is
The 1st September marks one year since the Solicitors Regulation Authority (SRA) introduced the Solicitors Qualifying Exam (SQE), marking the biggest change to how aspiring solicitors can enter the profession for almost 30 years. Here,
Despite firms and individuals becoming increasingly conscious of the importance of cybersecurity, new analysis has revealed that inadequate disposal of data and digital devices is posing a potentially catastrophic threat. Gone are the days where
The delays affecting grants of probate slightly subsided in Q2 2022 when compared with the first quarter, new data from the Ministry of Justice (MoJ) has revealed. Between April and June of this year, the