News

/News/
7 05, 2019

Who owns your house?

Joint Tenants and Tenants in Common If two or more people own a property jointly it is important they decide whether they want to hold it as joint tenants or as tenants in common and if tenants in common, whether they want to hold it in equal or unequal shares. Joint tenants or tenants in [...]

26 04, 2019

Probate Centralisation

HM Courts and Tribunals Service centralisation includes closing probate registries. According to the Law Society Gazette, The Ministry of Justice (MoJ) has begun work on closing down regional probate registries and moving the service under one roof. The Gazette understands some staff at the 10 remaining sites across England and Wales have been told of [...]

1 04, 2019

Probate Fees Increase – Latest Update

Latest news from STEP England and Wales probate applications can be submitted before IHT clearance, while new fee scale remains in limbo Thursday, 28 March, 2019 Personal representatives (PRs) have been told they can submit applications for probate before they receive clearance of their inheritance tax (IHT) ‘account’ from HMRC, in a temporary concession to [...]

22 03, 2019

What is Crypto Currency – why should you care?

Bitcoin. Ripple. Ethereum. Litecoin. Dogecoin. To some, these words look like gibberish, but the reality is, they are all different types of cryptocurrency. Cryptocurrency is digital money which uses encryption techniques to generate currency and verify the transfer of funds. It has been designed to be quicker, cheaper and more reliable than our regular government [...]

15 03, 2019

Who will get your pension benefits?

Over half of the population could be naively handing their inheritance to the wrong person. 54% of the population are unaware that their pension policy will be passed down to the person named on the policy, even if an updated will says otherwise. The study of more than 2,000 UK adults, completed by the Pheonix [...]

11 03, 2019

Do YOU have a will yet?

Rise of Will making in 2019? The Kings Court Trust announced in their second annual report in 2018 that under half (45%) of the adult population in Great Britain have a Will. This figure has increased by 6% compared to last year when the proportion was 39%. This is encouraging as it shows that the [...]

7 03, 2019

What is Estate Administration

Estate administration is the process of dealing with a person’s legal, financial and personal tax affairs after they have died. It involves far more than obtaining a Grant of Probate (Confirmation in Scotland) which is just one element of the process. It means dealing with all their assets, such as property, shares and personal possessions; [...]

9 01, 2019

Everyone has a WILL but is it the right one for you?

According to research by Royal London, more than 5 million people in the UK are confused by Wills and are not sure where to begin. Six in ten parents either do not have a Will or it is out of date. Whilst 34% of UK adults said an illness would prompt them to create a [...]

19 10, 2018

BEWARE ON-LINE WILL KITS.

A recent report confirmed that following a complaint to the Advertising Standards Agency (ASA) a DIY Probate Pack’s Permanent Sale should be cancelled. In a time of austerity, with more people looking for ways to save money, after life planning resources like DIY Wills and DIY probate services have been on the increase. One online [...]

5 10, 2018

More legal challenges to Estate Planning, Wills, Pensions and Trusts.

Theresa May has announced that heterosexual couples in England and Wales can now legally enter into a civil partnership rather than marriage. For many, the institution of marriage represents gender inequality. For years the idea of dowries involved in marriage portrayed women as property being handed from father to husband. The thought of entering an [...]

Load More Posts