The Kings Court Trust Blog

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

Kings Court Trust condemns government’s decision to increase probate fees

on Mar 2, 2017 11:36:50 AM By | Kings Court Trust |
The government’s decision to increase probate fees from £215, or £155 if families are using a solicitor, to a tiered system based on the value of the estate is patently unfair for many families according to Kings Court Trust, one of the UK’s largest estate administration specialists.
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Katie Price reveals she hasn’t changed her Will since splitting with her ex-husband

on Feb 15, 2017 3:36:20 PM By | Kings Court Trust |
Katie Price has revealed that she hasn’t updated her Will in several years, explaining that her ex-husband Peter Andre and only three of her five children would inherit her estate if she died unexpectedly. 
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Kings Court Trust adds thoughts to Which? article on DIY probate

on Feb 13, 2017 1:56:43 PM By | Kings Court Trust |
A recent article published by Which? explains how ordinary families could save thousands of pounds in legal fees by carrying out the probate and estate administration process themselves.  Undertaking the administration of an estate yourself is obviously one way for executors to save money, rather than using a solicitor or estate administration specialist.  However, Kings Court Trust felt compelled to add to this article and explain why some families might want to consider speaking to an estate administration specialist before undertaking the work. 
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Significant increase in online sales delivered by Kings Court Trust

on Jan 30, 2017 10:10:06 AM By | Kings Court Trust |
From launching new technology solutions to managing a record number of estates, 2016 was a successful year for a number of reasons at estate administration specialist Kings Court Trust.
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Fixed price v hourly fees – A potentially expensive mistake?

on Jan 24, 2017 9:32:36 AM By | Kings Court Trust |
Having supported thousands of families through the estate administration process, we know that one of the most popular features of our comprehensive estate administration service is the fact that it is offered with a guaranteed fixed price.  However, there are many other providers who charge an hourly rate – so what’s the difference between the two options and will choosing one over the other make that much of a difference to the final bill payable by the family?
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More money than ever to be passed on to the younger generation

on Jan 18, 2017 10:10:12 AM By | Kings Court Trust |
A recent report has shown that the younger generations will inherit much more money than their parents and grandparents did.  Wealth amongst older generations has grown by 45% in the last decade, resulting in more money being passed on as an inheritance than ever before. However, those likely to benefit most are people who are already well off or have a high income. 
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A third of parents unwilling to leave an inheritance to their married children

on Jan 16, 2017 12:56:32 PM By | Kings Court Trust |
Around a third of parents are unwilling to leave an inheritance or financial aid to their married children because they are concerned that divorce will result in the money leaving the family.  The research revealed that 14% of those surveyed said that they had little or no confidence their children’s marriages would last ‘a lifetime’. 
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Sharp rise predicted in value of UK generational wealth transfer

on Jan 11, 2017 9:46:18 AM By | Kings Court Trust |
Research has revealed that the number of people expecting to bequeath large sums of money when they die has doubled over the past ten years. 
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New Year, new Will?

on Jan 10, 2017 9:22:44 AM By | Kings Court Trust |
2016 will long be remembered as a year which saw a number of historically significant events take place, many of which will have long lasting implications both at home and abroad.  While we will have to wait and see the full consequences of Brexit and the US Presidential race, there may also have been changes to your life which could immediately impact on the validity of your Will and any other estate planning documents that you have already created.
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