Happy New Year from the team at Today’s Wills and Probate! We hope you all enjoyed the festivities and a well-earned break over the Christmas period. We’d like to take this opportunity, as Read More
The Government has announced that from 6 April 2022, digital identity document validation technology (IDVT) will be introduced to support employers and landlords with right to work, right to rent and pre-employment DBS checks. The Home Office Read More
Following the LSB’s annual review of frontline regulators last month, the SRA has reportedly met all 27 of the required outcomes in its regulatory approach, authorisation, supervision, enforcement and leadership. The results show that the Read More
Following amendments to Inheritance Tax Regulations earlier in the year, changes to IHT reporting requirements will be effective from 1st January 2022. Changes that will be effective for the death of individuals from 1st January include Read More
As part of its adult social care reform white paper People at the Heart of Care, the Government has announced that a total of £1.4 billion will be made available over three years to help increase Read More
Inheritance tax receipts for April to November were £4.1bn, a £600m increase compared with the same period in 2020, according to the latest set of official figures. HMRC said that it had expected higher receipts in Read More
HMCTS reports increase in digital probate grant applications
HMCTS Q3 statistics show an increase in both the proportion of digital applications for probate grants and probate grants issued digitally. In July to September 2021, there were 52,750 applications for probate grants and 58,642 probate grants were Read More
New research by Abrdn reveals that millions of retirees in the UK are relying on downsizing to a smaller property in addition to using their inheritance to finance retirement. The research, conducted on a pool Read More
Apple’s newly released iOS 15.2 operating system and upgrade now includes a feature called Digital Legacy, a function that allows iPhone users to designate people as Legacy Contacts, who then have permission to access their Read More
Growth milestones: Bereavement platform Exizent signs 50th customer and brings
Legal technology firm Exizent has hit a number of significant milestones including signing its 50th customer and raising its staff numbers to over 35, just over a year after launching. Glover Priest, a law firm operating Read More
The High Court has announced that a judicial review will be heard on the Government’s decision to replace Retail Prices Index (RPI) with the housing cost-based version of the Consumer Prices Index, known as Read More
Gill Steel, founder of Lawskills, the learning and development consultancy for private clients, hosted a discussion about the benefits of Tower Street Finance’s products and services recently. She was joined by Foot Anstey partner Read More
At Clio, we’re on a mission to transform the legal experience for all. To do that, we’re investing heavily in both technologies and resources that are designed to move legaltech forward, making it Read More
A new report detailing the experiences of those involved in remote hearings has been published by HMCTS. The report, conducted by IFF in collaboration my HMCTS documents the experiences of legal professionals, judges, court staff Read More
When it comes to choosing a case management software for your law firm, Clio knows that your time is precious and that every firm’s needs are unique. That’s certainly the case for one Read More
Exizent announce membership of Scottish Financial Enterprise, strengthening links with
Glasgow-based technology firm, Exizent, are pleased to announce their membership with Scottish Financial Enterprise (SFE) to help transform the experience delivered by financial service institutions when handing bereavement cases. Helping businesses improve the services they Read More
The Financial Conduct Authority (FCA) has fined HSBC Bank (HSBC) £63.9m for failings in its anti-money laundering (AML) processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible Read More
Executors and bereaved families will be only too aware of the length of time it has taken during the pandemic to obtain grants of probate. Practitioners will be aware of this too but will also Read More
Nearly half (45%) of mortgaged homeowners under the age of 40 got onto the property ladder “much later” than they expected, compared with 29% of over-40s, according to new research by the Equity Release Council (the Council) Read More
HMRC has published new guidance for working out IHT due on gifts, including how to find out which gifts count towards the value of the estate, how to value them and how to work out Read More