Law society report 30% increase in demand for Wills

NHS workers fighting Covid-19 on the front line, together with the elderly and vulnerable, lie behind a huge spike in demand for will writing over recent weeks, according to the professional body for solicitors.  The Law Society says many firms have reported a 30% increase, as a result of worries about the coronavirus pandemic, but the lockdown and self-isolation are creating new challenges in getting the wills drafted and signed while still complying with legal requirements.  There has been a surge in people looking to set up powers of attorney…

The life stages that go into legacy making

Record property values and family structures make inheritance planning a growing issue yet research1 shows that more than half of adult in the UK do not have a Will in place, with the figure rising to almost 60% among parents. The researchers also found that of those who had made a will, many who had experienced a significant life event, such as marriage or having a baby, had not done anything to update it. But having a will setting out what you wish to happen for your children is the…

When the end of summer spells the end of marriage

September is traditionally a time of new beginnings, with children off to school or university and parents back to work, but for many couples, the end of summer can spell the end of marriage. Lawyers often talk about ‘divorce day’ in January and report a similar surge when summer holidays are over, and research1 looking at the timing of divorce petitions bears this out, with peaks after the summer and winter holidays.  The researchers suggest that while troubled couples may view holidays as a time to stand together for children…

Disputing a Will can be a very costly exercise

Record numbers of inheritance disputes are going through the courts as modern family structures and rising house prices push more families to contest unfavourable outcomes.  One recent case has seen a family lose out after legal action involved two brothers who have run up fees of more than their entire inheritance by disputing a stepmother's share of their father’s estate. The trend towards increased inheritance disputes has been attributed to a number of factors.  Increasing numbers of so-called ‘blended’ families where divorced parents re-marry is one such factor, with original family members…

Disinherited daughter receives £164,000 inheritance

In the recent, and heavily publicised case of Ilott v Mitson a woman's disinherited daughter has received £164,000 from her estate. The case involved the estate of the late Melita Jackson and her daughter Heather. Heather had left home at 17 and had not been in contact with her mother for some 26 years and had been excluded from her late mother's will. Ms Jackson had left her entire £486,000 estate to various charities, however, her daughter applied under the Inheritance (Provisions for Family and Dependants) Act 1975 stating that the will failed to…

Powered by How to backup and restore wordpress site

error: Content is protected !!