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Proposal to increase Probate fees in 2022

Proposal to increase Probate fees in 2022

The Ministry of Justice is looking to make probate fees more expensive, claiming that the current system operates at a loss and places an unfair burden on the taxpayer. A grant of probate is a document issued by the probate registry (part of the court service) which...
The impact if a joint account holder loses capacity

The impact if a joint account holder loses capacity

It’s a common occurrence for individuals to have a joint bank account with a spouse, partner or adult child. This arrangement provides easy access for both parties to manage joint expenditure such as household bills. But there is a general misconception that when one...
The role of a Trustee

The role of a Trustee

When someone sets up a trust, they need to appoint people as trustees to manage the trust and its assets. The trust deed will usually include specific instructions about how to do this but there are some general legal duties that apply to the role as well. A trustee...
The opportunities in intergenerational wealth

The opportunities in intergenerational wealth

It is anticipated that over the next decade more than £300bn could be passed from wealthy babyboomers to less financially secure millennials. With an ageing population and rising levels of wealth, the UK is set to see substantial growth in the number of inheritance...