Merseyside-based law firm Jackson Lees has expanded its Wills, Trust and Probate team with the addition of a new Solicitor and Head of Department. The team have welcomed Candice Jones on board, who will be
Ahead of the AI Safety Summit 2023, the Law Society of England and Wales has made artificial intelligence (AI) regulation recommendations for the government to consider. The recommendations, made in response to the government’s white
An independent report has revealed that a significant number of law firms are still struggling to fully comply with the Solicitors Regulation Authority (SRA) transparency rules, even though a minority of legal practitioners believe these
The Law Society of England and Wales is calling on its members to share their experience about how they are delivering unbundled legal services. Unbundling allows solicitors and clients to agree that some tasks traditionally
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
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
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
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
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 correctly”.
Britons are being advised to familiarise themselves with inheritance tax (IHT) regulations as an increasing number of families find themselves subject to this tax. This cautionary note arises from recent research revealing that 59% of
The head of a prominent brokerage firm in the City has urged the government to broaden inheritance tax relief to encompass more stocks listed in London, aiming to stimulate investment in the UK. Julian Morse,
Hugh James has announced the continual expansion of its Private Wealth division with the addition of key professionals to its team. Over the past three years, the team, recognized for its excellence, has seen a
A solicitor has raised concerns about a potentially “misleading” inheritance tax form that could result in Britons overpaying by thousands of pounds, as reported by Express. Jessica Partridge, a partner specialising in private client law
New research has revealed that over two fifths (43%) of Brits – 22.9 million people – admit they have not shared all details of their financial accounts with someone they trust. St. James’s Place (SJP)’s
In the midst of a heated dispute over the inheritance of their family home, Robert McCabe, a 69-year-old man, resorted to a malicious act by adding laxatives to his sister Sharon’s milk, as reported by
New research published by the Law Society of England and Wales has found that the government’s digitisation of the court system is adding to the delays “plaguing” the civil court system and “undermining” people’s access
A dispute surrounding the will of the late lord of the manor has concluded with the sale of Trevalga, a medieval hamlet in Cornwall, according to information provided by a local councillor to the BBC.
In recent analysis, the Institute for Fiscal Studies (IFS) has explored various options for reforming inheritance tax (IHT), including increasing the IHT nil rate band (NRB) and imposing limits on crucial IHT reliefs such as
The High Court in Bristol has ruled in favour of siblings Henrietta Ingram and Tom Whitfield in a dispute over their late mother’s DIY will, which left them with nothing. Clarke Willmott represented the siblings
The CEO of City brokerage firm, Julian Morse of Cavendish Financial, has urged the government to expand inheritance tax relief to a broader range of London-listed stocks, as reported by This is Money. Morse contends
