The Kings Court Trust Blog

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

Aretha Franklin reportedly died without a Will, leaving her multimillion pound estate to the rules of intestacy

on Aug 29, 2018 11:51:19 AM By | Kings Court Trust | Beneficiaries Intestacy Will Celebrity
After a near six decades in the spotlight, Aretha Franklin has died at the age of 76, reportedly without leaving a Will. The Queen of Soul passed away at her home in Detroit on Thursday the 16th of August, after an on-going battle with pancreatic cancer.
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What happens to property when someone dies

on Aug 8, 2018 10:25:45 AM By | Kings Court Trust | Estate Administration Property
One question that we frequently get asked is “What happens to a property when someone dies?” and it’s important that you understand the answer if you are administering a deceased person’s estate. This informative blog post takes a look at who is responsible for the property when an owner dies, what happens to the property and what could be involved in dealing with a property after death.
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Arranging and paying for a funeral: The things you need to know

on Jul 24, 2018 9:20:42 AM By | Kings Court Trust | Estate Administration Funeral
Arranging a funeral is a task that needs to be considered and completed but it can make an already difficult time even more stressful. We appreciate that there is a lot to think about so we have created this blog post to outline what is involved in arranging a funeral and how you can afford the funeral expenses. 
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Cryptocurrency: Understanding what it is and how it could impact future inheritances

on Jun 25, 2018 11:49:21 AM By | Ashden Walker | Estate Administration Cryptocurrency
Bitcoin. Ripple. Ethereum. Litecoin. Dogecoin. To some, these words look like gibberish but the reality is, they are all different types of cryptocurrency.
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Playing the Generation Game: Details of Bruce Forsyth's Will revealed

on Jun 22, 2018 11:40:31 AM By | Kings Court Trust | Will Celebrity
Sir Bruce Forsyth sadly passed away on the 18th August 2017, leaving behind a truly remarkable legacy. Most famous for presenting Strictly Come Dancing, The Generation Game and Play Your Cards Right, Bruce Forsyth was beloved and is now missed by many.
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Why is the cost of death rising?

Past research has shown that the cost of death is soaring, with funerals becoming more expensive than ever before.  
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The risks and responsibilities of an Executor or Administrator: How to avoid a hefty Inheritance Tax bill

A recent article from the Telegraph revealed how a personal representative was left with a staggering Inheritance Tax (IHT) bill of £341,278 when he was administering a £1.2 million estate. Mr Harris misguidedly distributed the assets to the beneficiaries before all of the Inheritance Tax had been paid. He did this with the understanding that one beneficiary (who received the majority of the estate) would pay any Inheritance Tax that was still owed. However, this did not happen as the beneficiary left the country without paying, leaving Mr Harris to foot the bill.
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The royal wedding: The impact of marriage and changing family structures on Wills and estate administration

on May 2, 2018 4:56:36 PM By | Kings Court Trust |
Wedding bells will ring for Prince Harry and Meghan Markle in a matter of weeks as the royal wedding is due to take place on the 19th of May 2018 at Windsor Castle. The marriage of Prince Henry of Wales and American actress, Meghan Markle, highlights a few important key areas that you should pay attention to, including the impact of marriage on Wills, how the change in family structures is impacting inheritance and the importance of planning ahead.
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Prince’s heirs petition mismanaged money as legal fees escalate, leaving little to pass on

on Apr 4, 2018 12:14:58 PM By | Kings Court Trust |
The legal battle over Prince’s estate continues almost two years after the death of the iconic musician. Now, three of his heirs have filed a petition to review the billing practices of the law firm that works for Comerica Bank and Trust, Fredrikson & Byron. They were appointed to handle the administration of Prince’s estate in 2017 and are said to be draining the late musician's bank account, leaving little to the beneficiaries.
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