It has long been the case that gifts in Wills provide a vital source of income for charities. It may surprise you to learn that many charities state that 80% of their voluntary donations come from legacy income.

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.

William Feeny, Chartered Accountant, discusses the various practices that have evolved for pricing estate administration services. Most advisers working in the financial services market will understand the concepts of “credence goods” and “asymmetry of information”. But there are many consumers who purchase these services everyday and do not recognise the words or the dangers.