Probate Delays Catalyst For 8% Decline In Legacy Income
Bequests to charities have fallen in the third quarter of 2019 as the recent probate delays take hold on the sector. According to recent statistics obtained by Legacy Foresight, bequests to charities have fallen by 8%, year on year, in the third quarter of 2019. The analysis has highlighted the damage caused by the probate […]
Mother Loses Huge Inheritance Following Court Of Appeal Decision
Following a Court of Appeal ruling, Hilary Harrison-Morgan has been forced to repay millions from an inheritance offered from ex-partner and cohabitant, Dr Rainer Kahrmann. Having left his Swiss wife in 1991, rich banker, Dr Kahrmann, started a relationship which developed in cohabiting with Ms Harrison-Morgan. During the relationship, the pair conceived and raised twin sons in […]
University From Down Under Taking Advantage Of Less Restrictive SRA Rules
The College of Law Australia and New Zealand (not affiliated with the previously known College of Law England and Wales, now The University of Law) has set up in London as a practice based training provider, looking to provide courses for the forthcoming Solicitors Qualification Exam (SQE). Partnering with US firm BARBRI, who offers bar review courses, the newly […]
Certainty Expert Webinars presents Ian Bond
Join us on Thursday 5th December at 12.00pm when we will be joined by Ian Bond from Talbots Law who is presenting the last Certainty Expert Webinar of 2019, titled ‘2020: What’s in store for Private Client Practitioners’. The world doesn’t stand still. 2019 has provided many challenges for private client practitioners: the proposed increase […]
The Season Of Giving
The team at Fortis Law are already in the festive spirit and are gearing up to celebrate Christmas in our new offices in Burntwood. Whilst our team of experts were geared up and ready for growth, we didn’t quite expect the amazing year we’ve had and the team have been busy planning our continued growth […]
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 and Hotel. With the increased number of submissions in categories for the awards this year, the judging panel were spoilt […]
Probate – Eliminating Foreign Bankruptcy Risks
When administering an estate, it is prudent for a check to be made to see what the bankruptcy status of a beneficiary is who lives outside of the UK. There could be personal financial implications for the personal representative if they pay out to a beneficiary their share of the inheritance, when it should have […]
How To Value Assets And Liabilities For Inheritance Tax Purposes
For any professional handling probate matters, the task of calculating the correct amount of inheritance tax (IHT) to be paid to HMRC is one which demands a focus on the finest of details. Changes brought about by annual budgets and ongoing reform mean that calculating IHT in full accordance with the Inheritance Tax Act (IHTA […]
Could Divorce Rates Suggest Cohabitant Couples At Risk?
Recent figures released by the Office of National Statistics (ONS) have shown a large decrease in divorce rates in 2018, the lowest rate in 48 years. As non-married cohabitant couples and later-life marriages begin to increase, more estates could face the wrath of archaic laws which fail to consider modern living arrangements. In 2018 there […]
Over a Quarter of Law Firm Websites Unsecure
Law firms are failing in their efforts to tackle the rising risk of cyber crime. Even with £millions continuing to be fraudulently redirected, with the associated reputational impact and knock on effect on professional indemnity insurance premiums, most law firms have not implemented even the most basic security measures. The research has been undertaken by a leading […]
Probate Legal Professional Services’ Calls Centralised
In their continuation of reforms HM Courts and Tribunals Service (HMCTS) has introduced a centralised calling centre for all probate practitioners. All calls will now be dealt with by the Birmingham Courts and Tribunals Service Centre (CTSC) where legal professionals should not contact their local registries if they require updates on applications. The CTSC will be able to confirm and provide the following details: if the application has been received where the application is […]
