A significant number of legal professionals have criticised the probate service after research revealed that some bereaved families are waiting up to 17 weeks to close an estate.
HMCTS to clear probate case backlog by 2021, report suggests
HM Courts and Tribunals Service (HMCTS) has this month published an overview of how the department plans to reduce the probate backlog and ensure bereaved families can close estates as soon as possible.
Parents leaving wealth to disabled children “unaware” of financial benefits of trusts
Parents of children with disabilities are unaware of the financial security and social benefits a trust can offer their children when they’re gone, a study of inheritance has revealed.
HMRC report record Inheritance Tax haul after estate investigations
HM Revenue & Customs’ (HMRC) Inheritance Tax (IHT) investigations have generated a record £274 million in additional revenue in the tax year 2019/20, new figures have revealed.
Over-50s shift inheritance plans to support family during pandemic
A significant number of over-50s have changed their inheritance plans to support loved ones through the coronavirus pandemic, a major study has revealed.