By Katie Hanson, Legal Services Director, Prestige Legal Services As we approach the upcoming Budget announcement on 30 October, there is significant anticipation surrounding potential changes to the UK’s tax regime, including Inheritance Tax (IHT). For our associates, who provide estate planning services and Will drafting support, it is essential to stay informed about these […]
By Katie Hanson, Legal Services Director, Prestige Legal Services Will writing is a fundamental aspect of estate planning, and our associates play a crucial role in guiding clients through this important process. Adhering to best practices not only ensures that Wills are legally sound and reflect clients’ wishes, but it also protects against […]
Becoming a Will writer can be a rewarding career, helping individuals and families ensure that their estates are protected and their wishes carried out after their passing. However, it’s important to understand the unique responsibilities, challenges, and requirements that come with the role. At the time of writing, Will writing remains an unregulated profession in […]
The Rule of Intestacy: Why Writing a Will Puts You in Control At Prestige Legal Services, one of the most common questions we encounter is: what happens if someone passes away without a Will? Many people are unaware that without a valid Will, their estate will be distributed according to the Rule of Intestacy — […]
For those looking to build a successful career in Will writing, having the right support is essential. At Prestige Legal Services, we not only provide high-quality estate planning services but also offer comprehensive back-office support to estate planning firms, Will writers, and financial advisers across the UK. Our unique approach allows you to focus on […]
At Prestige Legal Services, we understand the complexities surrounding Marriage and Wills. Life events such as marriage can significantly impact Wills. It’s crucial to be aware of these changes to ensure your wishes are honoured. In this article, we explore the effects of Marriage and Wills, the concept of revocation, and the importance of estate […]
Trusts are a fundamental component of estate planning, with a rich history rooted in the feudal system of medieval England. Originally designed to ensure that property was handled according to the wishes of the landowner, trusts today are sophisticated tools used to manage assets, protect wealth, and plan for future generations. At Prestige Legal Services, […]
Here at Prestige Legal Services, we are committed to providing our clients with the highest quality legal advice and support. In this article we’ll touch upon circumstances where disputes might arise and why it’s important to choose a partner who can help prevent circumstances where disputes might arise. Wills are intended to provide clarity and certainty regarding […]
Navigating Divorce and Estate Planning in England and Wales Typically, no one goes into a marriage with the expectation of getting divorced but according to a number of Family Law firms online, 50% of marriages end up in divorce, and this is likely to have profound implications. Its impact often extends to various aspects of […]
Here at Prestige Legal Services, we want to bring to your attention the recent change in statutory legacy gifting, which took effect from Wednesday, 26th July. This change has significant implications for many families in the future and serves as a crucial reminder of why having a Will in place is essential. Understanding Statutory Legacy: […]
Inheritance Tax (IHT) planning is a crucial aspect of estate planning that demands careful attention and consideration. Residents of England and Wales should be aware of its implications to ensure their assets are protected and their loved ones are not burdened with unnecessary tax liabilities. In this article, we will explore the fundamental aspects of […]
A recent legal dispute highlighted by the Daily Mail underscores the potential hazards associated with transferring property to one’s children. In this particular case, an 82-year-old grandmother named Norma Gibbons found herself forcibly removed from her cherished £1.4 million home of four decades following a bitter court battle with her daughter, Dawn Gibbons. The circumstances […]
We are delighted to confirm that our next associate training event is live and can be booked here. Prestige Legal Services is thrilled to announce its latest associate event, led by Josie Phuller, a highly experienced legal professional and a valuable member of our team. This exclusive session, titled “Taking Good Instructions” is designed to […]
In recent years, the estate planning profession has seen an increase in the number of challenges to Wills and their validity on the grounds of a believed incapacity. There have been many high-profile cases highlighting the importance of capacity when making a Will. One such case, profiled in The Daily Mail was particularly important […]
Research shows that the average family has no less than five arguments on Christmas Day. The fragile Christmas period can lead to individuals making new year arrangements to amend their Wills and often exclude family members altogether. Legal experts say that January tends to be the most popular time for these dramatic changes as tensions […]
As of the 2nd December 2019 the Civil Partnership (Opposite Sex Couples) Regulations 2019 came into force which allows opposite sex couples to enter into a civil partnership for the first time in history. December 31st 2019 saw the first couples enter into these partnerships after giving their minimum 28 day notice. For many, marriage […]