Can you divide large amounts of money in client accounts to protect funds?
Changes would leave consumers with less protection and could result in a ‘two-tier’ solicitor profession.
The SRA published a consultation on proposed changes to the Handbook for solicitor and firm regulation on 1 June. We believe that the proposals, if accepted, will leave clients and consumers with less protection and could result in a ‘two-tier’ solicitor profession
Law Society responds to CMA interim report into legal services
This Law Society Library FAQ is on the topic of reduced inheritance tax when donating 10 per cent to charity in a will.
Get your voice heard by the Competition and Markets Authority! Please take 15 minutes to complete this important CMA survey about the wills and probate market – the deadline has been extended to 26 August. To encourage you to participate, executive director, general counsel for the Law Society, Janice More, provides some background to the survey.
Office of the Public Guardian (OPG) has introduced guidance on professional deputy costs in partnership with the Senior Courts Costs Office, outlining good practice for professional deputies when charging fees to client accounts.
The Practice Advice Service offers advice on what to do if you are asked to renounce an executorship
We have responded to HMRC’s consultation on strengthening disclosure regimes for indirect taxes and inheritance tax
The EU referendum result will lead to a surge in demand for legal expertise and guidance. Membership communities may be affected differently and we are looking into that on your behalf.