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The Kings Court Trust Blog

Keeping you up-to-date with Wills, probate and estate administration industry news

What can go wrong with the DIY probate approach?

The tasks that need to be considered following the death of a loved one are not something you will face on a regular basis. Therefore, knowing where to start can often be daunting and it can be a difficult process to get the ball rolling. Whilst many people opt to instruct an estate administration specialist to help, others choose the DIY (do it yourself) route in the hope of saving more money to maximise the amount of inheritance due to the beneficiaries of the estate.
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Rules of intestacy: What happens when you die without a Will

on Jun 9, 2021 3:44:42 PM By | Kings Court Trust | Estate Administration Intestacy Will Wills
When someone dies without a Will, they are said to have died “intestate” and their estate must be distributed following the rules of intestacy. The intestacy rules are dictated by law in the country where the Deceased was domiciled. Unfortunately, understanding who inherits under the rules of intestacy is not always as straightforward as it may seem.
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What to do when someone dies and how COVID-19 has changed processes

on May 27, 2021 10:32:13 AM By | Kings Court Trust | Bereavement Death Executors
When a loved one passes away, there are a number of tasks that need to be considered and it can often be a daunting process knowing where to start. The introduction of The Coronavirus Act 2020 that came into force throughout the United Kingdom in March last year (where most provisions will remain in force for two years with regular reviews by Parliament) has simplified the process of death certification for medical professionals. However, other tasks within the process have experienced delays and ongoing restrictions which have contributed to making a difficult time even more stressful. This blog aims to set out the different stages that need to be considered when a loved one passes away and will explore how COVID-19 has impacted processes.
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Complex intestacies: Why you should leave a Will

on May 18, 2021 11:18:08 AM By | Kings Court Trust | Case Study Intestacy Wills
At Kings Court Trust, we deal with a variety of different estates and we are sometimes faced with complex intestacies when someone dies without a Will. In this blog post, we share two particularly complicated case studies where family tree research has been required to identify the entitled heirs, all of which could have been avoided by leaving a Will.
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Dying matters: Selecting the Executors of your Will

on May 13, 2021 11:24:20 AM By | Kings Court Trust | Estate Planning Executors Wills
For many families, discussions about death are difficult to digest and for those who do manage to have the conversation, it’s often an uncomfortable one to have as it can be difficult to envisage how life will be without a loved one. Unfortunately, it's inevitable that we will all experience a loss at some point during our lifetime, and in many cases, this happens without previous discussion and little planning in place, which ultimately makes a difficult time even more challenging.
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What will happen to Prince Philip’s multimillion pound estate?

on Apr 15, 2021 9:25:01 AM By | Kings Court Trust | Beneficiaries Inheritance Tax Celebrity
The United Kingdom went into national mourning last week as the news broke that His Royal Highness Prince Philip, Duke of Edinburgh, sadly passed away on Friday at the age of 99. He was the longest-serving royal consort in British history, having been married to Her Majesty The Queen for more than seven decades. The question that is now starting to surface within the industry is “what will happen to Prince Philip’s multimillion pound estate?”.
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How to leave your mark: 3 unusual ways to scatter cremation ashes

on Mar 24, 2021 1:11:53 PM By | Kings Court Trust | Funeral
By now, we should all be aware of the importance of creating a Will. However, you may also want to leave other wishes that would not be legally binding in a Will, such as funeral wishes or guidance on where you would like your ashes to be scattered. You can include requests like these within your Will but there is no legal obligation for your loved ones to follow your wishes. There is also a chance that the Will may be retrieved after funeral plans have already begun. Therefore, if you have any funeral wishes or special places for your ashes to be scattered, it is recommended that you directly inform your loved ones during your lifetime.
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Ensuring your affairs are in order: The importance of estate planning

Death is not a subject that we like to consider or discuss, however, planning ahead is more important than ever to ensure your affairs are in order before your passing. Regardless of your age, wealth, health or status, planning for your future can guarantee your wishes are followed and ensure your loved ones get the full benefit of your legacy. Taking the necessary steps and precautions during your lifetime can also eliminate any unnecessary stress that your loved ones may face when administering your estate when the times comes.
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Will the Inheritance Tax rate rise to pay for the COVID-19 pandemic?

on Mar 2, 2021 10:51:41 AM By | Kings Court Trust | Inheritance Tax
Four in 10 people fear the UK Government will increase the current 40 per cent Inheritance Tax (IHT) rate to help cover the cost of the COVID-19 pandemic. The findings, from research by Tower Street Finance among 2,000 UK adults, revealed more than half (54 per cent) think the Government is set to hike the rate of IHT to 50 per cent, three in ten fear a rise to 60 per cent and one in seven predict it could rise to 70 per cent.
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