<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1223437568524110&amp;ev=PageView&amp;noscript=1">

Financially supporting industry professionals during uncertain times

Working together during the COVID-19 crisis

21 January 2021

 

Partner financial support scheme for new and existing partners re-launched

Kings Court Trust is aware of the challenges facing businesses and professionals within the industry. The circumstances we all face are exceptional to say the least, which is why we want to go above and beyond to offer support to you during these uncertain times. After positive feedback from running our partner financial support scheme at the start of the pandemic, we are pleased to reintroduce financial assistance for a limited time only. 

The challenge

We recognise the potential impact these worldly events could have on your careers and/or your business and the importance of cash flow. We also recognise this is one area where we can, and will do something to support you. As a result, we want to help you generate cash much sooner to help you get through this period of uncertainty. 

The solution

In consideration that you may experience cash challenges, starting today, 21 January 2021, Kings Court Trust will calculate the amount of fee share you will be due to receive on any new sales, and make an advance payment of the full amount within 14 days following the 14-day post-sale cooling off period. This will be in effect until 28 February 2021.

We want to support, not only our business partners, but the industry as a whole. Therefore, this offer is open to new and existing partners.

How it works

With any sales, we would usually pay you your fee share once the Grant of Probate has been received and the estate is in sufficient funds (for full estate administration cases) to discharge the invoices, which depending on the type of service, is on average between 2-5 months after the sale is made.

Until 28 February 2021, we will make an advanced payment in lieu of fee share payments from any sales within 14 days, once the cancellation period has passed, meaning your payment will be received months earlier than usual. Therefore, for sales that take place between 21 January 2021 and 28 February 2021, we invite you to submit your invoice after the sale is made, and we will arrange payment for this within 14 days of the end of the 14-day cooling off period. 

Need more information?

We are here to answer any questions you may have about this. Please don't hesitate to contact us at 0333 207 5470 or partners@kctrust.co.uk.

 

Terms and conditions

1. This special offer is open to all existing and new referring partners of Kings Court Trust and is applicable to any sales contracts signed between 21 January 2021 and 28 February 2021. 

2. A newly qualified sale is determined as a case where:

  • The referrer is working on behalf of the Executor, either directly or indirectly
  • There is no existing instruction in place regarding the estate
  • Probate is required but no Grant has been applied for
  • The administration of the estate is not already underway

3. All advanced payments will be paid collectively on a monthly basis within 14 days from the end of the 14-day cancellation period, as long as the case has not been cancelled at the time of paying the fee share.

4. Whilst very rare, some customers may seek to cancel a service after the initial 14-day “cooling off” period. Should this be the case, or we need to reduce the fee payable for any reason, we will offset the pre-paid sum against any future amounts payable by KCT to your business.

5. All time frames and payment methods are subject to KCT being able to trade and access corporate banking systems as normal. We appreciate your understanding in the event we experience disruptions to service (either internally or externally).

 


 

21 January 2021

 

Business continues as usual

For the most part, business continues as usual with most employees working remotely from home. This means that our phone lines remain open and emails are being monitored. Please do not hesitate to get in touch with us. 

  • Our document storage facility remains open

We are pleased to advise that our document storage facility remains open. There may be a slight delay in us logging and sending the documents to our storage partner as we are working with reduced levels of staff during the lockdown and to ensure social distancing. In the interim period, the documents will be held securely in our office. We envisage this delay to be no longer than one working week.

Additionally, when you request documents from storage, please provide the reason for the retrieval (for example, ‘death’, ‘storage no longer required’, etc.) as this is essential for our records, and will speed up the process.

If you plan to send 20 or more documents at one time, we would appreciate it if you could let us know in advance by emailing willsadmin@kctrust.co.uk. This will help us manage requests more efficiently.

If you have any questions, please do not hesitate to contact our Wills Admin team by emailing willsadmin@kctrust.co.uk or calling 0300 303 9000.

  • Literature requests can be submitted

    We continue to facilitate requests for physical literature to be sent via the postal service. Requests are being processed less frequently so we appreciate your patience and understanding in these very surreal times.

    If you would like to request any literature, please do so via Partner Portal or alternatively, please email marketing@kctrust.co.uk

    Our client-facing literature can also be accessed digitally here. Please note that some of our resources are only available in digital format. For a full list of resources available in physical format, please log in to Partner Portal.

  • Please be aware of fraudsters

    It has come to our attention that in some cases, fraudsters are exploiting the current national situation by attempting to impersonate businesses and claim that bank details for payments have changed.  Please rest assured that our bank account details have not changed this year, and if you receive any notification similar to this, please contact us.  Our bank details will be as per our letters and invoices sent to you.

 


 

Stay up-to-date with industry news

Read our blog posts below to stay up-to-date with what's going on with probate, Wills and estate administration.

What is a Grant of Representation?

A Grant of Representation is a legal document issued in the United Kingdom that gives the person named on it the authority to administer the estate and other assets of a deceased person. In simple

5 steps to creating a simple digital estate plan

When estate planning, there are some things that are essential to include. For example: who will inherit any property, who may care for a dependent child, or what should happen to various personal

What happens to my debt when I die?

The period after the death of a loved one is a difficult time; and many people prefer to avoid thinking about it in advance. There are many challenges to consider; not only the emotional

Clifton Black

Need to know more?

Our dedicated team of specialists are always here to help.

0300 303 9000

Monday – Friday: 9am – 5pm

CONTACT US