Supermen Webinar 56: The Definitive Guide To The Trusts Offered By Countrywide Tax And Trust Corporation!
Supermen Webinar 56: Agenda Countrywide Trusts, what you need to know; Trusts explored, exploded and explained… Which one? When? and Why! Countrywide Family of Probate Trusts Countrywide Family of Gift Trusts Will Trusts vs Pilot Trusts – compare and contrast Countrywide’s Family of Declarations of Trust – Don’t miss the planning opportunities! Proper Life Assurance […]
Additional Support Needed For Those With Borderline Capacity
A recent study has claimed that more needs to be done to help people with mental health issues to better manage their finances. The Money and Mental Health Policy Institute have found that 42% of people who have experienced mental health problems wanted support and guidance with money management from friends and family. However, the […]
Influx Of LPAs Reflects Greater Public Awareness And Its Benefits
The number of Lasting Powers of Attorney (LPAs) has increased sharply in the past few years which may be attributed to increased awareness campaigns, highlighting the benefits of such a document. According to the latest Office of the Public Guardian (OPG) report, the number of powers of attorneys registered in England and Wales has doubled […]
Does the Code of Practice dealing with the appointment of personal welfare deputies need revisiting?
In the recent case of Re Lawson, Mottram and Hopton (2019 EWCOP 22), the Court of Protection (the court which oversees and determines issues for those unable to make decisions for themselves either by reason of incapacity or age) has acknowledged that the official guidance on the appointment of personal welfare deputies needs revisiting. As […]
Confusing IHT Rules Trigger HMRC To Investigate 23% Of All Estates
23% of all estates liable to pay inheritance tax are investigated by HM Revenue and Customs. According to a recent Freedom of Information request, made by financial planners Quilters, 5,000 of the 22,000 estates liable for inheritance tax last year were forced to endure the inconvenience and indignity of a further investigation by HMRC. The […]
Does Your Firm Have The Cyber Skills To Prevent Attacks?
The landscape is shifting rapidly in the field of cyber security, and this poses a real challenge for all law firms, both in terms of having the technology in place to ensure their organisation, employees, and clients remain safe, but also finding the money and people to make this happen. Given cyber attacks on UK […]
Tax Reforms Incentivises Will Writers To Discuss Legacy Giving
A recent Charity Tax Commission (CTC) report reveals a suite of reforms that will incentivise professional Will writers and increase legacy giving. One of the proposals made by the CTC was that charitable Wills should be exempt from VAT. This has been welcomed by charity organisations as the recommendation will encourage solicitors to discuss legacy […]
Beneficiary Refused PPI Compensation By Supermarket Giant
It has been reported that a widow was refused PPI compensation payout following her late husband making a claim against Tesco Bank for mis-sold payment protection insurance (PPI). Tesco Bank advised they would not pay the £3,400 PPI compensation without first seeing the original Grant of Probate for her husband’s Will, who died in March […]
What Is A Matrimonial Property Regime (MPR) And Why Do I Need To Know About Them?
Many UK solicitors are not familiar with matrimonial property regimes (MPRs) as it’s not something that we encounter within UK law. However, MPRs are a fundamental part of law in many other countries, so when dealing with clients with overseas connections, it’s something that UK solicitors should be aware of, especially when it comes to […]
Will Pension Scams Be The Next Big Financial Scandal?
Experts are warning we could be on the cusp of the next big financial scandal after pension scams are costing the Brits up to £4 billion a year. Scam cases have increased sharply since 2015 after relaxation of pension rules took effect where George Osborne allowed savers access to 25% of their retirement pots tax-free […]
The Wait Is Nearly Over For The Awards Category Shortlist
The judging panel shortlist for the second upcoming prestigious British Wills and Probate Awards, which is brought to you by Today’s Wills and Probate, alongside headline sponsor, Arken.legal (UK) Ltd, a leader in software solutions for the legal services industry will be announced next month. The awards judging panel are currently working through all the […]
The Best Protection For Your Business This Summer
Don’t get burnt by Will claims! Countrywide Legacy’s Will Clarity Package can protect your business from successful Will claims by automatically compiling a Will Clarity Statement and Statement of Execution for your clients. They fully satisfy the ‘why, when, where, how and what’ when it comes to the wishes and surrounding circumstances, behind your clients’ […]
Obtaining Up To £50,000 Without A Grant Of Probate: A Step Too Far?
The headlines that have been dominating the private client legal world in recent months relate to the proposed increase in probate fees that has caused fairly widespread controversy and outrage. The “will they or won’t they” saga continues in this regard but some practitioners and individuals have already begun considering how assets can be owned […]
Chosen Inheritance Announce Its Acquisition By Estate Planning Solutions
Chosen Inheritance, a widely recognised and highly regarded Estate Planning Business in London and the South-East is pleased to announce the acquisition of the business by Estate Planning Solutions; the Cheadle based wills and estate planning company. Chosen Inheritance owners Peter and Cynthia Spillman made the decision following extensive talks with Estate Planning Solutions Managing […]
Neil Armstrong’s Estate Paid $6 Million By Hospital He Died In
This week marks the 50th anniversary of Apollo 11’s historic landing on the moon. Unfortunately, it also represents a settlement victory paid to Neil Armstrong’s estate. The hospital where legendary astronaut Neil Armstrong died has paid his estate $6 million after a motion was filed claiming the post-care he received contributed towards his death in […]
Court of Appeal victory for woman to receive benefit of late partner’s military pension
It has recently been reported that a woman has won the right to receive her late partner’s military pension after an eight year legal battle. Ms Jane Langford had been in a relationship with her partner, Air Commodore Christopher Green, for 15 years when he died suddenly of a heart attack in 2011. The Armed […]
Elizabeth Hurley’s Son Wins Case To Be Included In Family Trust
It has been revealed that Elizabeth Hurley’s son, Damian, has won a long-fought legal battle with his estranged millionaire grandfather in regards to an inheritance trust that aimed to cut certain grandchildren out. The trust’s creator, Dr Peter Bing, sought to prevent Damian from accessing the inheritance, originally set up to support his grandchildren, because […]
Who Has The Right To Access Digital Assets?
With 33% of the world’s adult population having a social media account of some description, it’s not hard to believe that few of them have considered the implications of what happens to their online data after they die. Facebook is currently the only social media platform that allows users to make digital legacy decisions before […]
Grieving Woman Wins Right To Deceased Partner’s RAF Pension
An unmarried woman, forced to put her grief on hold whilst she fought for her rights to her partner’s military pension, has won a landmark case against the Royal Air Force (RAF). Jane Langford had been in an exclusive and financially dependent relationship with her partner, Air Commodore Christopher Green, for over fifteen years when […]
Beneficiary Fighting For Money After Inheritance Blunder
A woman is locked in a court battle in a bid to recover thousands of pounds of inheritance after the money was mistakenly given to a complete stranger. Christine Burn, aged 65, of Ponteland, has fought in a legal battle for over 2 years to recoup a legacy worth more than £5,000 from her aunt’s […]