Bristol, United Kingdom - March 18, 2019
Kings Court Trust is pleased to announce the appointment of Simon Hancox as its new Chief Executive Officer, replacing Tom Curran who will take on the role of Executive Chairman after nine years as CEO. Tom will remain on the Board of the business and will provide Simon and the business with ongoing advice and support.
Bristol, United Kingdom - March 11, 2019
Kings Court Trust is pleased to announce the appointment of David Masterton as its new Chief Revenue Officer (CRO). David joins Kings Court Trust as of today, 11 March 2019, with a great understanding of the sector and a goal of building on our success to date.
Bristol, United Kingdom – June 11, 2018
Research reveals that more and more people are writing Wills but there remains to be a large percentage of UK adults that have not made arrangements on how their assets will be distributed. This is particularly worrying for the cohabiting couples whose loved ones would not be protected if they were to die without a Will as their estate would be distributed following the rules of intestacy.
"£5.5tn is expected to be passed between generations in the UK over the next 30 years, Ward said, pointing to research carried out by Kings Court Trust."
Our CEO, Simon Hancox, speaks with Today's Wills and Probate about the importance of completing PPI due diligence processes and the potential implications for estate's that have already been administered without checking for PPI.
"Kings Court Trust: one of the largest estate administration providers in the UK. Founded in 2002, Kings Court Trust has assisted on more than 35,000 estates by taking care of the entire estate administration
"Kings Court Trust, an estate administrator, says that the higher value of people’s homes and generous pension schemes enjoyed by the over-fifties mean that younger generations can expect greater inheritances — and because more money is at stake, it can lead to bigger arguments over wills."
Kings Court Trust's 'Passing on the pounds' research features in this FTAdviser article about engaging with clients' beneficiaries. "Over the next 30 years, an estimated £5.5tn is expected to be passed between generations in the UK, according to a report by Kings Court Trust, called Passing on the pounds."
From our inheritance economy research, Abbie Knight discusses how financial advisers can prepare for the rise in intergenerational wealth transfers. "...Kings Court Trust found that 15% of financial advice practices lost 50% of the value of their assets under management following inter-generational transfers during the 2016/17 financial year."
Today's Wills and Probate took an interest in Kings Court Trust's "Changing family structures: The Will writing industry in 2019" research and shared some of the key points.
STEP explore the findings of Kings Court Trust inheritance economy research. "The research was conducted by the Centre for Economics and Business Research (CEBR) for estate administration firm Kings Court Trust. It indicates that the average value of inheritances will jump by 47 per cent from GBP62,000 to GBP91,000 by 2027, driven by the rise in property prices over the next ten years."
Kings Court Trust are one of the UK’s largest specialist estate administration providers and their sole purpose is to help families move on. Since they were founded in 2002, they’ve assisted on over 35,000 estates either by taking care of the entire estate administration process or offering their specialist services on complex estate administration cases. With their unrivalled knowledge of estate administration, their legal and tax teams can advise on any situation and offer an exceptional estate administration service.
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