Government collects record £5bn in inheritance tax
A record sum of nearly £5 billion was collected in inheritance tax last year, according to recent figures.
Winners of Funeral Planner of the Year Awards announced
The winners of the Funeral Planner of the Year Awards 2017 have been announced at a ceremony in London run by funeral plan provider Golden Charter.
Decision from Legal Services Board simplifies regulator switch
A rule change proposed by the Solicitors Regulation Authority to enable firms to switch regulators more easily has been approved by the Legal Services Board.
Funeral company pushes for sector regulation
A need for regulation in the Funeral Planning industry has been put forward by one of the UK’s largest funeral companies.
Two key appointments made at Solve Legal Marketing
Solve Legal, publishers of Today’s Wills and Probate, are pleased to announce the key promotions of two senior team members as part of its growth and development strategy.
Professionals encouraged to participate in Free Wills Month
October marked the start of Free Wills Month.
High Court judge calls for awareness around ‘living wills’
‘Living wills’ have been put forward by a High Court judge in order for people to set out their wishes should they be struck by an incapacitating illness.
IPW moving on up
The Institute of Professional Willwriters are heading for new heights.
Why aren’t law graduates going into estate planning?
Dealing with high-net worth clients, being at the centre of familial disputes and being pivotal to ensuring someone’s final requests are adhered to; the day to day life an estate planner is hardly boring.
Your firm is AT RISK if you don’t have reasonable prevention procedures in place
Last week was another really busy week for the Legal Eye, Risk & Compliance Specialists, as they assisted many firms with their Implementation and Communication Plans to ensure that they were ahead of the curve in getting in place their reasonable prevention procedures to ensure compliance with the Criminal Finances Act 2017.
Chair of Equity Release Council steps down
It has been confirmed by the Equity Release Council that Nigel Waterson will be stepping down as Chair.
Exciting outlook for providers of Will writing and private client services
An exciting time is ahead for private client legal firms, independent Will writers and accountants providing Will writing and probate services. The wealthiest generation in our history is aging and, over the next 20 years, will be transferring their assets to the next generation – who are possibly the most dependent ever. In today’s environment, […]
PPPT v Asset Protection Trusts – which Trust should you trust?
Entering the term “Asset Protection Trust” into a well-known search engine will provide you with over 1.2 million webpages talking about the benefits of using a Trust to potentially “ring fence” a client’s assets from a variety of threats and issues. There is no doubt that an adviser should recommend this type of Trust to […]
High Court rules “Bad English can still make a good will”
The High Court has upheld a homemade will despite much of the wording being unclear.
LPA applications see 30% growth
There has been a 30% rise in the number of Lasting Power of Attorneys received between April and June of this year compared to the correspondent period in 2016.
Are you ready to declare your competency?
With the SRA practising certificate renewal period now open, solicitors around England and Wales will be finalising their training schedules so that they can confidently answer the question they will be asked: “Has the individual reflected on their practice and addressed any identified learning and development needs in the year to 31 October 2017?”. October […]
August sees growth in registered deaths
According to recently published provisional figures from the Office for National Statistics (ONS), the number of deaths recorded in August 2017 reached 41,080.
Private client team retains high ranking in legal guide
A wills, trust and probate team have managed to maintain their position in a recent guide from Chambers UK 2017.
SRA focuses on high standards in shorter Handbook
The Solicitors Regulation Authority (SRA) is proposing a second phase of changes to its rules for solicitors to make them simpler and more focused on high standards, reducing the length of its Handbook by more than 300 pages.