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The Kings Court Trust Blog

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

Celebrity deaths: Lessons for effective estate planning

Death remains to be a topic that many of us avoid thinking about and do not wish to discuss with our loved ones, which can sometimes lead to absent or ineffective estate planning. According to the ‘UK Wills & Probate Market 2020: Consumer Research Report’, less than 4 in 10 adults in the UK have made a Will, despite predictions that the COVID-19 pandemic would encourage more people to plan for the future.
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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 happens to your loyalty points when you die?

on Feb 18, 2021 10:21:37 AM By | Kings Court Trust | Estate Administration Estate Planning Wills
As we shop, many of us collect loyalty points from multiple companies and throughout a lifetime this can amount to a substantial value. So what happens to unclaimed loyalty points when we die? This blog post explores how different retailers treat rewards and points after death.
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Understanding probate and estate administration

on Jan 26, 2021 12:25:42 PM By | Kings Court Trust | Estate Administration Intestacy Probate
Following a bereavement, there are a number of tasks to be considered which can make an already difficult time even more challenging. Unfortunately, these tasks can often be complex and can include dealing with complicated legal and tax affairs. The process of dealing with someone’s affairs after they have passed away is known as estate administration, which is often misunderstood with the term probate. Although both terms are associated with the same process, they each have different definitions.
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Wills, probate and estate administration in a COVID-19 world

It’s no secret - the Coronavirus (COVID-19) pandemic has posed several challenges to almost every aspect of our lives. The Wills and probate industry is no exception.
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Could more changes to Inheritance Tax be on the horizon?

At a Conservative conference fringe event organised by the Institute of Economic Affairs and the Taxpayers’ Alliance, Chancellor Sajid Javid hinted that he could cut Inheritance Tax. After being asked whether he would scrap the tax, Sajid Javid shared how he understood arguments against the tax and suggested that he’s considering changes.
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The Executor guide: Understanding your role

on Aug 29, 2019 9:00:00 AM By | Kings Court Trust | Estate Administration Executors Wills
A substantial number of people act as an Executor every year, however, many people are still unaware of the responsibilities that come with the role. This guide aims to explain what it means to be an Executor, as well as what tasks could be involved. It also shares the risks you’ll face in the role, and inform you of your options when it comes to acting as an Executor.
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Handwritten Will found under sofa cushion in Aretha Franklin’s home

Aretha Franklin died on the 16th of August 2018 at the age of 76 after an ongoing battle with pancreatic cancer. Recent news reports have now revealed how a handwritten Will has been discovered under a sofa cushion in the Queen of Soul’s home in Detroit. To ensure the Will’s validity, it is being examined by a handwriting expert.
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