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The Kings Court Trust Blog

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

Research provides insightful findings about the Will writing industry in 2018

on Aug 21, 2018 3:56:55 PM By | Kings Court Trust | Will Writing Will Making Wills
The ‘Changing family structures: The Will writing industry in 2018’ research paper provides new and insightful findings about the Will writing industry in the UK. It builds on the findings from our first Will writing industry report, ‘A changing landscape: The Will writing industry in 2017’. Both papers provide a general overview of the Will writing industry but this year’s report has a specific focus on changing family structures and the implications for Will writing services.
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Could the rise in number of unmarried couples be linked to increased Will disputes?

The Office of National Statistics has reported that there has been a 33% rise in the number of unmarried couples since 2005.  Perhaps unsurprisingly, during this time there has also been a rise in the problems which result when an unmarried partner dies without a Will. 
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Majority of people unaware of risks posed by DIY Wills

According to a YouGov survey, 96% of people who prepare their own Will say they do not need external advice, with 21% stating that fears over the cost of professional advice prompted them to do it themselves.
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Rise in public awareness sees more LPAs granted

Recent data obtained through a Freedom of Information Act request by Today’s Wills and Probate has shown the number of lasting powers of attorney (LPAs) granted annually has tripled between 2010 and 2015.
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Rock star or not, everyone needs a Will

The death of David Bowie last month caused a generation to mourn the loss of one of the world's most charismatic musical stars.  The man associated with numerous wild and wacky on-stage personas was perhaps one of the last people you would associate with planning for his death and making sure that his financial situation was left in a highly organised manner.
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Average Cost of Professionally Written Wills Drop

The average cost of a standard Will produced by a solicitor has dropped in the UK, according to IRN Research.  Within the last 12 months, the cost of a professionally produced will has decreased from £124 to £118.
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Regulation of Will Writing Popular Amongst the Public

The public are in favour of Will writing becoming a regulated practice and are hoping the UK government will soon look to implement some form of regulation in the near future, according to the Law Gazette.
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Charity Supporters Update their Wills at 10,000 feet!

As part of Remember a Charity in your Will Week, a group of six pensioners decided to take to the skies to re-sign their Wills before sky diving from 10,000 feet. The stunt was just one of the activities to mark the annual awareness week which took place between 7-13 September and is designed to help the charity sector by encouraging more people to leave a gift to a good cause in their legacy.   
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The Most Peculiar Will Requests

Kings Court Trust firmly believes in the benefits of having a professional help draft a Will to ensure that everybody’s final wishes are made clear and carried out accurately. Drafting a Will and carefully considering what is to happen to our finances is not the most cheery of topics, but one that should be taken very seriously.
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