Each year, the Dying Matters Coalition runs an annual awareness week which provides an opportunity to place the importance of talking about dying, death and bereavement on the national agenda.
We are delighted to announce that Kings Court Trust has passed the International ISO 9001 Quality Management, accredited by the BSI.
A self-portrait by Lucian Freud is to go on display at the National Portrait Gallery after he left it to the nation in lieu of paying Inheritance Tax. The unfinished portrait is thought to date from the mid-1980s and will settle £559,773 worth of tax through the gifting.
Media reports suggest that Prince has left behind an estate which is valued somewhere between $150 million and $800 million. However, it has been reported that the much loved musician left no Will – which opens up the possibility of a bitter battle over his personal fortune.
We are delighted to introduce the new look Kings Court Trust to our clients and business partners. Our new brand reflects the values that we stand for as a business - to help families move on.
Lynda Bellingham’s sons are looking to take legal action to challenge her Will, accusing their stepfather of failing to distribute their inheritance in line with her wishes.
Almost a quarter of homes sold for more than the Inheritance Tax (IHT) threshold last year, making their owners’ heirs liable to a 40% IHT bill. The number of sold properties valued above the £325,000 threshold increased to 24%, up from 13% in 2009.
Recent research by SunLife found that the majority of grandparents want to leave their grandchildren an inheritance, with many choosing to ring-fence money to ensure it is passed in accordance with their wishes.
While the vast majority of legal professionals operate under a strict moral and ethical code, unfortunately we still hear about cases where less scrupulous individuals take advantage of a family’s vulnerability by overcharging for estate administration services.
HMRC collected a record £4.56bn in Inheritance Tax (IHT) in 2015/16. Recent data published by the Office of National Statistics (ONS) showed a 21.6% increase in IHT payments from last year and an enormous 70% increase since 2010/2011.
The Office of National Statistics has reported that there has been a 33% rise in the number of unmarried couples since 2005. Perhaps unsurprisingly, during this time there has also been a rise in the problems which result when an unmarried partner dies without a Will.
Recent research has shown that while six million people have experience of acting as the executor of a Will, just 4% realise they are legally liable for the accurate distribution of the estate.