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Law Society Enjoys 65th Year of Legal Aid

on 31-Jul-2014 09:00:00 By | Kings Court Trust |
Law Society announced it had been providing the public with legal aid for 65 years.
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Internet Overtakes Friends and Family As Main Way to Find a Solicitor

on 31-Jul-2014 09:00:00 By | Kings Court Trust |
Clients are significantly more likely to find a solicitor through the internet than by asking friends or family, a major study of over 2,000 people has found.
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Inheritance Tax Recovery Reaches £3.4 Billion

on 31-Jul-2014 09:00:00 By | Kings Court Trust |
In a bid to keep up with the latest news regarding inheritance tax and death duties, we came across new figures published in the Solicitors Journal, noting that HMRC recently revealed it has received more than £3.4 billion from inheritance tax (IHT) and death duties in the last 12 months.
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SRA Publishes Risk Outlook For 2014-2015

on 28-Jul-2014 09:00:00 By | Kings Court Trust |
The Solicitors Regulation Authority (SRA) recently published its annual Risk Outlook paper on what aspects of the profession need to be addressed over the coming year, Legal-Eye reports. At King Court Trust we are always interested in what elements of the profession the SRA believe need to be looked at and what they believe could become a potential problem in the near future.
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Pros and Cons of Using Skype For Will Writing

on 09-Jul-2014 09:00:00 By | Kings Court Trust |
In today's digital world, technology influences all aspects of our lives. Recently, the news that a firm from Hampshire is rolling out will-writing services via Skype stirred opinions in the profession. While some argue that the move is a logical next step in an increasingly connected world, others have raised concerns over the efficiency of such a process for writing a will.
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SRA Seeks to Ease Regulatory Pressure on Multi-Disciplinary ABSs

on 30-May-2014 09:00:00 By | Kings Court Trust |
Earlier this month, the Solicitors Regulation Authority (SRA) proposed taking non-reserved legal activities within multi-disciplinary alternative business structures (ABSs) out of duplicate regulation. The move is chiefly aimed at alleviating regulatory pressure on multi-disciplinary practices (MDPs) given their relatively low level of interest in becoming an ABS and encouraging more MDPs to enter the market, the authority said on its website.
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Inheritance and Trustees Power Act 2014

on 27-May-2014 09:00:00 By | Kings Court Trust |
The 14th of May this year has seen the Inheritance and Trustees Powers Act 2014 (ITPA 2014) receive Royal assent meaning that, as of the commencement date of 1 October 2014, significant changes to the intestacy procedures, rules regarding claims against an estate and certain powers of Trustees will come into practice. ITPA 2014 amends already existing legislation, namely:
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Do Your Loved Ones Know Your Dying Wishes?

on 16-May-2014 09:00:00 By | Kings Court Trust |
Almost two thirds of Britons have not made a Will and so risk leaving a financial nightmare for family members when they die.
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Lakeland Mountain For Sale to Pay £9m IHT Bill

on 14-May-2014 09:00:00 By | Kings Court Trust |
Hugh Lowther, the eldest son of the seventh Earl of Lonsdale, has been left with no other option but to sell his family's mountain in the English Lake District to cover Inheritance Tax (IHT) liabilities on his late father's estate. The decision of the new earl has brought much attention as the sale of Saddleback Fell is probably the first property divestment of its kind, the Society of Trust and Estate Practitioners (STEP) reports.
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