Insight
Capital Gains Tax: The gift that keeps taking
Recent changes to Capital Gains Tax could impact what your loved ones inherit. Find out how to plan ahead and protect your estate.
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Inheritance related claims are on the rise. The Independent newspaper reported in 2013 that there had been a 700% increase in probate claims issued in the High Court over a five year period and in 2016 and 2017, issued probate claims increased further still.
George Michael allegedly did not make provision for his long-term partner in his will. There is speculation that his partner will issue a claim against George Michael’s estate in due course.
Nelson Mandela’s ex-wife, Winnie Mandela, did not feel that his will made adequate provision for her and made a claim for more.
Jimi Hendrix did not leave a will despite his extensive wealth, which ultimately led to a 13 year battle between his siblings over how his estate should be divided.
The increase in inheritance disputes can be attributed to a number of factors including:
As can be seen from the examples of celebrity estates, a will can be contested (or a claim made against an estate) for a variety of reasons. The most common examples we come across are
Challenging a will or the distribution of an estate is a complex area of law and there are strict timescales for bringing claims that need to be adhered to.
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If you believe that you might have a claim, or would like advice on probate disputes, please contact us on 01332 226 480 or complete the form below.
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