Retirement saving gender gap widens
Planning for the future can often take a backseat in the minds of clients who will instead choose to invest in things that are more tangible. However, making plans sooner rather than later can be beneficial in the long run and can give clients peace of mind when the “future” eventually comes around. Although statistics […]
Ex judge admits forging will to inherit property
A court has heard that a retired judge and her husband forged a will to inherit two cottages as well stealing over £23,000 to renovate them.
Law firms struggling with financial solutions for widows
Law firms are increasingly struggling to find financial solutions for widows facing money problems after a partner’s death, new research* from equity release referral service Key Partnerships shows. Probate complications and financial mismanagement are the main causes of money problems after death of a partner Nearly half (47%) of law firms report a rise in […]
Growth leads to multiple new hires for Manchester law firm
Multiple promotions and hires across various departments have occurred as a result of significant growth in the reported half-year results of Altrincham-based independent law firm, MLP Law. The Wills, Trusts & Probate team saw an increase in staffing levels, as Rachel Eley joined the division 12 months ago, as well as Lesley Sullivan returning from […]
Help improve AML standards
The Home Office, as part of its Flag It Up campaign, is looking for solicitor feedback on attitudes towards anti-money laundering (AML) regulation and available information. Completion of the survey will improve the understanding of the Home Office in regards to providing support to solicitors to meet AML obligations. The brief survey closes on 19th December […]
Specialist regulator sets plans for 2017
The CLC (Council for Licensed Conveyancers) have released their Business Plan for 2017. Now regarded as the Specialist Property Law Regulator and no longer only being relevant for conveyancers, the CLC were last year granted powers to issue licences to probate specialists. Prior to this, in order to become a CLC-regulated Probate Practitioner an individual would […]
IRN UK Wills and Probate Market Briefing
Latest industry report now available at discount price exclusively for Today’s Wills & Probate readers
IHT changes for non-UK domiciles
Holding properties in overseas structures had for many years been viewed as an effective solution in order to avoid various types of tax. However for non-UK domiciles, the introduction of the 2013 Annual Tax of Enveloped Dwellings (ATED) meant they had to decide whether to pay the new tax or remove their property from company […]
Will you go digital?
With an aim to “revolutionise the way we think about and plan for our loved ones after our death”, a US legal technology giant has launched a form of ‘digital will’.
The season of good will – UK Charity Week
Today marks the start of UK Charity Week, which provides UK individuals with the opportunity to place fundraising and charity awareness high on the agenda. With the focus being on raising money for important causes, this week is the ideal time to engage with the local community. This could be through various festive events such […]
Xara Computers achieves Legal Eye Quality Standard
Legal Eye, a subsidiary of ULS Technology, is very pleased to announce that London IT services provider Xara Computers, has achieved the Legal Eye Quality Standard (LEQS). The Legal Eye Quality Standard is recognised to be the first assessment scheme to address the rules and regulations which are over and above the traditional quality standards. […]
Death benefit small print
When passing on death benefits, pension freedoms have brought in an element of legislative scope. However, in order to ensure death benefits are passed on in the way the client intended, it is important that the rules of their specific pension scheme are checked, as these are the ones which apply. The implications of failing […]
Keep your cool when cancelling a will
Much like other services, will writing also gives a 14-day cooling-off period. This conforms with the rights of a consumer under the Consumer Contracts Regulation 2013 (s.30) and is detailed specifically in regards to will writers of the Society of Will Writers (SWW) under their Code of Practice 6.2 4a. Any member of the SWW […]
