Probate Fee Increase Implications To Be Discussed At Industry Roundtable

Following the immense success of the previous Today’s Wills and Probate roundtable events, we are excited to announce that the next instalment is only a week away.

Set to take place on Thursday, 17th January at the prestigious ICC in Birmingham, the team can’t wait to engage with like minded professionals from across the sector and discuss the impending pertinent challenges of 2019.

Kindly sponsored by Countrywide Tax and Trust Corporation, Today’s Wills and Probate are excited to embrace their expert understanding of the Wills and Estate Planning sector and enthused to hear the valuable insights they will provide.

The roundtable will kick off by discussing the highly controversial increase of probate fees. Whilst many prominent political figures criticise the changes, likening them to a death tax, delegates will discuss the affect on: administering an estate; gaining a grant of probate; legacy giving to charities and the implications for the personal representative and beneficiaries.

Following these discussions, we will speculate as to how the probate fee increases will work in practice.

Because of the overwhelming success of the inaugural British Wills and Probate Awards last year, the roundtable will invite suggestions in relation to this year’s awards and our second event that will take place in October.

The afternoon session will be led by Matthew Lagden of The Institute of Legacy Management (ILM) discussing how charities and probate professionals can work more collaboratively and successfully in the future.

Matthew Lagden, CEO of the Institute of Legacy Management, said: “We represent about 330 charities, ranging in size from larger organisations like Cancer Research through to smaller, local charities like animal charities and hospices. These are all organisations that receive income from gifts in Wills.

“Our members’ main roles are to represent the best interest of their charities; they achieve this through ensuring that audit requirements are met, ensuring that they receive any money that the charity should, and that they are doing everything they can to encourage people to leave gifts to charities in their Wills. As well as helping our members achieve these aims, we try to ensure that any liaison with probate professionals happens smoothly.

“Probate professionals are an absolutely vital part of our world. As an organisation, we are very keen to establish good relationships with probate professionals. Events like this are critical in helping us understand what is happening in the world of probate and estate planning, what the pressures are for these professionals and how our members can help probate professionals and work collaboratively with them.

“The Today’s Wills and Probate roundtable is a great opportunity to meet face to face, build bridges and understand what it looks like from the other side. Hopefully, will writers, estate planners and probate professionals will get a taste of what life is like for charities and our members as well. Anything we can do to promote better relations is really important to us.”

We are really pleased that the roundtable and first of 2019 has received such fantastic levels of support. If you would like further information on the event or would like to attend, there are still limited spaces available. For more information, contact Karen Babington by emailing [email protected] .

Anticipating the huge changes that could take place in the Wills and Probate sector this year, Today’s Wills and Probate is already organising the next event which will be held in April. Register your interest with Karen Babington  – [email protected].

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