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.
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 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.
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.
A significant number of over-50s have changed their inheritance plans to support loved ones through the coronavirus pandemic, a major study has revealed.