Expert Views Of Will Making In A Coronavirus Crisis

With some countries in complete lockdown due to the coronavirus (Covid-19) crisis and at present the UK in the ‘suppression’ phase but with the advice of much less contact and socialising as pubs, restaurants, theatres

LawTech Is Powering Growth In The UK Wills And Probate Industry

Investment in ‘Lawtech’ is one of the main contributors to strong growth in the UK legal sector. According to TheCityUK Report titled “Legal Excellence, Internationally Renowned” UK Legal Services 2019 legal technology is fuelling the

Why Industry Awards Are Crucial To Businesses And The Sector

As the British Wills and Probate Awards will be returning for the third year this October, we interviewed our 2019 “Community Involvement Award” category winners to find out about their award-winning team, their involvement in

Marking International Women’s Day In The Industry

Yesterday marked International Women’s Day which celebrates and highlights women’s achievements throughout history and how far we have come in gender equality since the Sex Disqualification Act was passed in 1919. Even though gender equality

Retirees Face Nearly £20,000 Retirement Income Shortfall

Senior homeowners will need an annual retirement income which amounts to more than double of today’s average of £17,212. According to a report released by the Equity Release Council and Key, it has been revealed

Previous Winners: Why Entering Industry Awards Are Important

Are you undecided as to whether you should nominate a colleague or your firm for the 2020 British Wills and Probate Awards? We understand that entering industry awards ceremonies are not top of your agenda

Dishonest Probate Solicitor Took Vulnerable Beneficiary’s Money

A probate solicitor has been struck off after convincing a vulnerable client to part with £4,700 to pay for repairs to a property they had inherited but instead the money went straight into her personal

Inheritance Tax Bill Scam Cost Executor £120,000

A married couple from Northfleet in Kent tricked an executor out of an inheritance tax bill. Lee Finch was conned by email into paying an inheritance tax bill totalling £120,000 into the fraudsters account. The

UK Care System To Breakdown In 10 Years

Brits will have to save hundreds of pounds more every month in their pension pots in order to fund later life care. This damning outlook comes after a new report has warned that unless the

Retired Homeowners Property Wealth Bounces Back

Retirees have experienced a property wealth increase of thousands in the past 12 months. An analysis of the UK’s leading independent equity release adviser, Key’s data revealed that older homeowners have enjoyed an increase of

Technological Pace Is UK’s CEOs Key Threat

UK’s CEOs key fears in 2020 has been confirmed to be economic uncertainty and the speed of technological advancements according to a 2020 global research on businesses. The 23rd CEO Survey was conducted by PwC

Speak Freely At Today’s Wills and Probate Summit

Today’s Wills and Probate are hosting an industry summit where professionals can discuss freely their personal challenges and issues within the sector to their peers. The summit takes place on Thursday 27th February at the

Baby Boomers Confirmed As Will Industry’s Largest Client

A report released this week has confirmed that the baby boomers’ cohort have been confirmed as the Will industry’s biggest consumer. An online Will writing software solutions provider for legal service providers, Willsuite, has undertaken

Leading Wills And Probate Firms Begin To Dominate Market Share

A recent consumer research report has estimated that four leading Wills and probate organisations are showing signs of market share dominance. The Wills and Probate Consumer Research Report 2020 from IRN research has revealed that

Solicitor Overcharged On Estate Bill Thrown Out By Tribunal

The Solicitors Disciplinary Tribunal cleared a solicitor who was accused of overcharging a client when administering an estate. The private client practitioner was acquitted of the alleged misconduct after the Solicitors Regulation Authority (SRA) failed

Magic Circle Law Firm Reveals High Retention In Qualifying Trainees

Freshfields Bruckhaus Deringer’s head count keeps growing as they retain nearly all of their qualifying trainees for spring 2020. Founded back in 1743, the firm has confirmed it will retain 90 per cent of its

Majority Of Older People Fund Retirement with Equity Release

In their quest to stay in their much-loved homes, 80 per cent of over 55’s chose an equity release mortgage to fund their retirement. According to new research from Standard Life and Age Partnership, this

Legal Aid Is Overwhelmingly Supported By The Public

Marking the recent anniversary of the government’s review of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LAPSO), The Law Society confirmed that the public are strongly in support of legal aid. The

User-Led Social Care Considered At House of Commons

The first reading on User-led Social Care commenced with James Murray as a Member of Parliament for Ealing North on 5th February 2020. Murray, who is a British Labour Co-operative politician and only recently elected

Demand For Later Life Planning Advice Grows

The later life financial planning market has significantly grown in recent years following a demand from older consumers seeking advice in accessing property wealth via equity release. More and more Brits are using their homes

Millennials Choose Robots Over In-person Financial Advice

The younger generation are deemed to prefer ‘robo-advice’ rather than in-person when seeking financial planning and investment guidance, according to research conducted by a Southern law firm. Research reveals that young affluent millennials are far

Council Fails To Meet Dementia Patient’s Social Care Needs

A Council has been found to be in breach of the Care Act after failing to meet the care needs of a woman who had advanced dementia. The Local Government and Social Care Ombudsman found

Join Women in Wills Event And Foster Lasting Relationships

Following the success of its previous events in 2019, Women in Wills is delighted to be visiting the South West by hosting its first 2020 event next month. Hosted by Solve Legal Marketing, the Women

FCA Fined By The Pension Regulator

The Law Society of England and Wales welcomed the news of The Lord Chancellor’s increase of the statutory legacy figure. The new statutory legacy sum, which comes into force on 6th February 2020, means that

Industry Predictions For 2020

The Wills and probate sector have certainly been on a roller coaster ride in 2019 which rattled practitioners, politicians, Lords and the charity sector to the core. There was uproar and widespread disproval from the

New Statutory Legacy Figure Review Overdue

The Lord Chancellor’s review of the Statutory Legacy figure has exceeded the 5 year limit for making an Order to Parliament. The Statutory Intestacy Rules set out the distribution of an estate where the deceased

What will it mean for the Wills and Probate industry?

With the Conservatives stealing the show by blowing the Labour Party out of the water and making victorious history, Boris Johnson has stood saying Brexit is now the ‘unarguable decision of the British People’. For

Third Of Brits Ill-Equipped In Future Financial Planning

Many UK adults have not prepared for their financial futures, according to a new study by UK’s leading price comparison website. MoneySuperMarket surveyed the British public to determine UK savings and find out how they

Pensioner Loses £193,000 Inheritance After Sort Code Blunder

A disabled pensioner has lost £193,000 inheritance after giving out the wrong sort code. Peter Teich, 74, from Cambridge was withheld his inheritance payment by a bank after he inadvertently gave the wrong sort code.

https://todayswillsandprobate.co.uk/main-news/leaving-legacy-gifts-in-wills-now-top-of-agenda-for-will-writers/

Over two thirds of solicitors and Will writers are initiating conversations with their clients regarding leaving a charitable gift in Wills, according to a study commissioned by a charity consortium. Remember a Charity commissioned a

Pensions Gender Gap Ever-Widening

The number of women who have not enrolled into a pension continues to dramatically widen. There has always been a big gender gap in UK retirement incomes as last year research revealed that the gender

hear-from-the-solicitor-firm-of-the-year-south

Congratulations to Barcan + Kirby for winning ‘Solicitor Firm of the Year’ in the south region category at the second prestigious British Wills and Probate Awards on 17th October 2019 at the esteemed Belfry Resort

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