The number of estates that will be liable to pay Inheritance Tax (IHT) will surge in the coming years, going up from 21,000 in 2012/13 to 42,000 in 2016/17, according to recent reports.
Earlier this year, the British Bankers' Association (BBA) released guidance that revealed it is common practice for banks to freeze withdrawals from a joint account if one of the account holders is mentally incapable, until the appointment of an attorney or deputy.
Kings Court Trust (KCT) was delighted to welcome so many of its existing partners as well as new faces to seminars held this October in Newbury, Haydock and Coventry.
Day of the Dead or Día de Muertos is a Mexican holiday that takes place over two days on 1st and 2nd November. So, whilst many Halloween celebrations are finishing on 31st October, the Day of the Dead is just beginning.
All legal firms in England and Wales are required to have professional indemnity insurance, covering civil liability claims such as professional negligence. Existing firms had to renew their insurance by the start of the indemnity period on 1 October, after which the single renewal date was abolished.
Research from the Legal Services Board (LSB) points to the strong potential of alternative business structures (ABSs) to make a huge difference in the legal services market. According to the LSB, ABSs are more productive, better at dealing with complaints about service and more innovative than traditional law firms.
Laura McDermott, Senior Case Manager at Kings Court Trust, explains the impact of legal aid funding cuts on claims against estates and what you, as a Will writing professional, can do in order to minimise the risks for your clients.
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