What happens to Premium Bonds when someone dies?

What happens to Premium Bonds

When someone passes away, all their assets must be dealt with as part of the estate administration process. One asset that is not as commonly discussed is Premium Bonds, however, Bonds form part of an individual’s estate in the same way a bank or savings account does. Kings Court Trust’s latest blog covers the topic […]

#BWAPAwards2022 shortlist and Industry Champion vote

Today’s Wills and Probate, alongside headline sponsor Property Solutions Group and Networking Sponsor Exizent, are proud to bring you the 2022 British Wills and Probate Awards. The results are now in and all this week we have been profiling the firms shortlisted. The shortlist is produced in full below. Commenting on the shortlist Barry Mattock, […]

British Wills and Probate Awards 2022 – Shortlist Day 4

The fourth round of categories for the 2022 British Wills and Probate Awards are shortlisted today exclusively via Today’s Wills and Probate. Each day this week further categories have been announced, with the full list published in the Today’s Wills and Probate weekly newsletter on Friday. Following a record number of entries, #BWAPAwards2022 promises to […]

British Wills and Probate Awards 2022 – Shortlist Day 3

The third round of categories for the 2022 British Wills and Probate Awards are shortlisted today exclusively via Today’s Wills and Probate. Each day this week will see further categories announced, with the full list published in the Today’s Wills and Probate weekly newsletter on Friday. Following a record number of entries, #BWAPAwards2022 promises to […]

British Wills and Probate Awards 2022 – Shortlist Day 2

The second round of categories for the 2022 British Wills and Probate Awards are shortlisted today exclusively via Today’s Wills and Probate. Further categories are set to be announced each day this week, with the full list published in the Today’s Wills and Probate weekly newsletter on Friday. Following a record number of entries, #BWAPAwards2022 […]

British Wills and Probate Awards 2022 – Shortlist Day 1

The first categories for the 2022 British Wills and Probate Awards are shortlisted today exclusively via Today’s Wills and Probate. Each day this week further categories will be announced, with the full list published in the Today’s Wills and Probate weekly newsletter on Friday. Following a record number of entries, #BWAPAwards2022 promises to be the […]

Awards shortlist to be revealed soon…

The shortlist for The British Wills and Probate Awards, sponsored by Property Solutions Group, will be revealed exclusively through Today’s Wills and Probate w/c 5th September 2022. Categories will be revealed daily throughout the week will the full list published in the Today’s Wills and Probate Friday newsletter on 9th September. If you’re not already subscribed, please […]

Virtual seminar: case studies on smoothing the estate administration process

Title Research virtual seminar

Title Research’s next virtual seminar on Wednesday 14th September at 12pm will be hosted by Technical Manager Simon Barber and Business Relationship Manager James Cameron. The duo will discuss some estates that highlight challenges in the estate administration process and how to overcome them. They will cover the following case studies: The hoarding Deceased – investigating […]

TrustSuite announces much-awaited Trust Registration Service

WillSuite

A Trust Registration service is now available at no extra cost for all previous lifetime trusts created through TrustSuite, and this service will further be available to WillSuite customers to register their own trusts. This means that from today, users of the system can now start submitting their lifetime trusts to be registered with incredibly […]

Kings Court Trust blog: can probate fees be paid from the estate?

When dealing with the death of a loved one, many Executors and Administrators find themselves worrying about the cost of probate and how fees can be paid. One question frequently asked by Personal Representatives is “can probate fees be paid from the estate?” That’s why Kings Court Trust’s blog answers the following for your clients: […]

LawNet announces new chair, Derek Rodgers

derek rodgers

Derek Rodgers, managing partner of major regional law firm Gardner Leader, has been elected as the new chair of LawNet’s member-led board.  He takes on the role as the SME law firm network announces continued growth through its selective recruitment programme. Eight firms have joined in the past two years, bringing the membership to 73 […]

Exclusive: Legal Ombudsman responds to criticism in national press

Legal Ombudsman

In an exclusive interview with Today’s Wills and Probate, the Legal Ombudsman (LeO) has responded to criticism in the national press. The Times released an article on July 30th criticising the LeO for long wait times for people who claim to have been misled by their solicitors. The LeO has responded by stating that The […]

Industry urged to recognise its champions

Nominations are invited from across the wills and probate sector for this year’s Today’s Wills and Probate Industry Champion. Launched in 2021, the industry came together to recognise the individuals who have made a significant contribution to the life and times of our industry.  And with The British Wills and Probate Awards, sponsored by Property […]

Revealed: life expectancies across different UK socio-economic groups

life expectancy (1)

The ONS have published insights on mortality rates and have found startling differences for the life expectancies for those in different socio-economic groups. Her Majesty the Queen celebrated her 96th birthday this year, whereas in 1926, the year of her birth, the life expectancy for women was only 62. The International Longevity Centre estimates that […]

Goverment makes several important updates to TRS manual

Trust Registration

With less than a month until the deadline for registering non-taxable trusts, 6th of October, HMRC have made several important updates to the Trust Registration Service (TRS) manual. The changes include include sections being added to the manual such as penalties (TRSM80000), data requests (TRSM60000), and discrepancy reporting (TRSM70000). However, ads the registration is new and […]

Regulation, Regulation, Regulation…

Today's Wills and Probate Podcast

In this latest episode of The Today’s Wills and Probate podcast host David Opie is joined by Director General of the Society of Will Writers Anthony Belcher. Recorded just before the latest announcement by the Legal Services Board that there is no intention to review unregulated legal services at this time the podcast explores what […]

Update to the closure of the Solicitors Indemnity Fund

Solicitors Indemnity Fund

I have previously written about the SRA’s proposed closure of the Solicitors Indemnity Fund. The overwhelming response to the SRA’s consultation which ended in February 2022 was for the fund to remain open and as a result the fund was given a further year until September 2023. Since February 2022, the SRA have been consulting further. […]

Tackling financial abuse within Wills

John Lambe

With an increasing ageing population, financial abuse is depressingly common. Sometimes it is picked up during the victim’s lifetime and, if they lack capacity, the Court of Protection may become involved. However, often financial abuse is not picked up until someone has died. Financial abuse usually involves a weak and vulnerable individual who is a […]

Paper probate applications taking twice as long as digital ones

probate

The latest figures from HM Courts & Tribunals Service have revealed that paper probate applications are sometimes taking more than twice as long as their digital counterparts. In May, the probate service performance figures show that digital applications took 13.5 weeks when stopped and 4.1 weeks without stops. In the same period, paper applications took […]

Sponsor Spotlight: Best Foundation

Category Sponsor Best Foundation copy

The fifth rendition of the annual British Wills and Probate Awards is becoming ever-closer. As we count down to the 20th of October at the Grand Hotel in Birmingham, our “Sponsor Spotlight” series will highlight the progression, innovation and achievements of all our sponsors who make the event possible. We’re delighted to have the BEST Foundation […]