Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Reform of Victorian-era laws will create more wills in the UK

It is estimated that 40 per cent of the adult population in the UK have not put in place a will.

In a consultation published earlier this year and closing next month, the government’s legal adviser, the Law Commission, has argued that this shocking statistic could be a result of the ‘unclear’ and ‘outdated’ inheritance laws currently in place. To read more, head to Spear's Wealth Management magazine.

Related Expertise

Private Wealth

Related in brief posts

Exploring the consultation and review on the taxation of trusts

HMRC has launched a consultation on a review of the government's principles for taxing trusts. Fiona Poole examines the review in more detail.

Blinded by transparency: the UK's new property register

In a bid for ever-increasing transparency, the UK government intends to continue the trend with the introduction of a further beneficial ownership register.

Rags to riches and back again

Eesha Arora and Sophie Wettern offer some ideas for navigating intergenerational conflicts in wealthy families