The Kings Court Trust Blog

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

What happens if a beneficiary cannot be found?

When someone passes away, their loved ones and those dealing with their estate are left with a variety of tasks that must be completed before inheritance can be distributed. If the beneficiaries of the deceased’s estate cannot be found, this can cause additional stress and work at a time that is already difficult.
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What will happen to Prince Philip’s multimillion pound estate?

on 15-Apr-2021 09:25:01 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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Aretha Franklin reportedly died without a Will, leaving her multimillion pound estate to the rules of intestacy

on 29-Aug-2018 11:51:19 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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Little Things Mean a Lot

It seems that nowadays we can’t turn on the TV without coming across a programme about antiques, often featuring a treasured item that has been passed down through generations.  The expert’s valuation may be minimal, but usually the current owner professes a great attachment to the item as being an important link to a departed relative.  So whether or not our personal chattels have major monetary value, it can be important to use our Will to pass them on appropriately – but what is the best way to do it?
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Storing Wills: Don't Spread Important Documents Around too Thinly

As part of its service, Kings Court Trust provides a safe, dry and secure Will storage facility.  Testators have a lot invested in their will – not just the costs of having it professionally written, but also the effects it will have when the need for probate arises.  From a prudent risk management perspective, testators should consider the wisdom of simply keeping such an important document with their papers at home where the Will could, conceivably, become lost or be destroyed inadvertently or even on purpose. Fires and floods do happen and risk of loss is increased at stressful times as when moving house.
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Legacies to Peak in 2047 and Halve Within 15 Years…

on 03-Oct-2011 09:00:00 By | Kings Court Trust | Beneficiaries Blog Legacy Wills
According to a recent HSBC survey ‘The Age of Inheritance’, the average legacy received today is £46,000, although half of all people who inherit actually receive under £10,000.
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A Perfect Storm

Although it can be risky, administering an estate is usually relatively straightforward to the experienced practitioner. Occasionally, though, some elements of a particular estate will test the mettle of the best. Nicholas Beetham looks at a recent “perfect storm” estate which, although demanding, presented no more than a welcome challenge to Kings Court, who administered it smoothly and without fuss.
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Choosing Your Executors

Recent publicity has highlighted the need for care when appointing executors to one’s will. Banks have come in for bruising criticism of their charges for acting as executor and, on 17th March 2011, The Law Society issued a practice note to solicitors setting out their responsibilities to their clients in this regards. Nicholas Beetham discusses the issues you should consider when choosing your executors and sets out a useful checklist to help you make the right decision.
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