Following on from the recent and well publicised Ilott case, the Financial Times reports that the ruling highlights the powers at the disposal of the courts to overrule Wills.

Barclays are being sued for hundreds of thousands of pounds by a woman who claims the bank’s Will writing service resulted in her losing a stake in her late father’s London home. Although the bank is contesting the reports, Telegraph Money have revealed that when the complaint was assessed by the Financial Ombudsman Service, the bank was found at fault so the complaint has been progressed to the High Court.

We appreciate that Wills are a personal and highly delicate matter, and not something to become subject to tabloid gossip. However, the Wills of numerous people – from the rich and famous to ordinary members of the public – are now available via the public record and have been subject to public scrutiny and intense interest. The Wills of the rich and famous, including Diana, Princess of Wales, Alan Turing and Winston Churchill, as well as the complicated Wills of ordinary members of the public can all be viewed by the general public.

We’re sure you were as equally shocked as we were to hear about this case today. Stuart Herd’s widowed father, William, remarried at 67. His son Stuart was delighted as he’d feared his father would live out the rest of his days alone, after the death of his wife, Freda, in 1986.

Inheritance tax has been in the news a fair amount recently – we've been trying to keep up with the most recent developments as best we can – but the latest piece of news comes from David Cameron ahead of the general election next May, with the Prime Minister announcing that although he is aiming to increase the threshold for inheritance tax, it may take some time for a new policy to come into play.

Here at KCT when browsing the news lately we came across a rather alarming piece in The Telegraph, stating that middle-aged people will unfortunately not be able to rely on a windfall inheritance to aid any financial woes, as they will be retired by the time any money comes through. It seems that the age at which British adults tend to receive inheritance money is heading into the 60's, with experts predicting that it spells the demise of "traditional inheritance."

As reported only yesterday by BBC News, recent changes to inheritance laws are encouraging more adults to make a will or update their existing one. The changes are the first significant ones to effect the Rules of Intestacy since they came into effect in 1925, and now declare that if a person dies without leaving a will and they are in a civil partnership or married, without children or other descendants, then their partner will receive 100% of the estate.

At KCT we were particularly interested to read recently that various heritage objects, including works of art, have been received by the government in lieu of heritage tax, according to an article on The Telegraph. More than £100 million worth of items were received over a five-year period.

Recent changes to the legal profession have meant that certain activities in the industry are currently being reviewed for deregulation, the Solicitors Journal notes – something we are very interested in keeping up-to-date with. Probate has since become the latest activity to be deregulated; according to a statutory instrument issued in parliament this August, chartered accountants are now allowed to undertake probate if they have passed the required exams, are properly licensed and it is not a contentious case.