Tag: Legal

The cab rank rule has been the subject of recent controversy. Most interestingly, the rule has very little to do with cabs or ranks.

Will Aid: Why doing good is good for your business

Helping others and supporting the local community is one of the main reasons why law firms sign up to take part in Will Aid each year.

But there are a whole host of business benefits to being part of Will Aid – such as meeting new clients, boosting staff morale, and raising your solicitors’ local profile.

Remember A Charity Week: What’s it all about?

Remember A Charity encourages the general public to consider how they can impact the world beyond their lifetime by leaving a gift to their favourite charities and supporting vital services for future generations. The national awareness week, running 11-17 September 2023 is a key opportunity for solicitors and professional Will-writers to open up conversations around charitable estates and the relevant tax breaks linked with legacy giving. This campaign draws together almost 200 charities from across the country, and over 800 solicitors and Will-writers all championing the message of giving from your Will.

IHT incentives on charitable donations: How they can benefit your clients and their chosen charities

In today’s world, UK baby boomers are active and engaged in their communities, they are financially-savvy and, according to Saga’s Generation Experience report, around two thirds of them support charities. Taking care of their family is crucial and – just like most of us – they hope that any inheritance they pass on will be valued and used wisely. In this environment, offering advice on the inheritance tax (IHT) incentives on charitable donations included in their Will takes on even greater significance.

Tax Due in July: Ensuring Financial Stability for UK Law Firms

As the summer approaches, law firm owners in the UK find themselves facing an important financial milestone—tax due in July. Amidst the complexities of running a successful law practice, managing tax obligations can be a daunting task. With the aim of providing valuable insights and assistance, this article, written from the perspective of The Practice Loan Company, a trusted partner specialising in unsecured business funding options for UK law firms, seeks to guide law firm owners through the intricacies of tax planning and highlight the importance of maintaining financial stability.

Navigating Complex Family Trees: Uncovering Hidden Heirs and Beneficiaries in Estate Administration

In the realm of wills and probate, one of the greatest challenges faced by legal professionals is tracing and identifying heirs and beneficiaries. As family structures become more intricate and global, the task of unravelling complex family trees can be overwhelming. In this article, we delve into the world of probate genealogy and explore how specialised companies, such as Blanchards Inheritance, can assist wills and probate legal professionals in uncovering hidden heirs and beneficiaries. By shedding light on this crucial aspect of estate administration, we aim to provide valuable insights and strategies for navigating the complexities of familial inheritance.

Empowering UK Law Firms with Flexible Funding Solutions: Unleashing the Potential of Unsecured Business Funding for Solicitors

In the fiercely competitive landscape of the legal industry, UK law firms are in a perpetual quest to expand their practices, elevate client services, and invest in growth initiatives. While these objectives may seem ambitious, there is a strategic avenue that empowers law firms to achieve them: unsecured business funding. In this article, we will explore the benefits of unsecured business funding for solicitors and shed light on how The Practice Loan Company can assist law firms in securing the funding they need to thrive.

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