header-logo header-logo

08 February 2021
Issue: 7920 / Categories: Legal News , Wills & Probate
printer mail-detail

Finders International: the missing inheritance

About 11% of British adults have experienced wrongly distributed inheritance, either personally or through a member of their family, research has found
Some 255 of 2,334 adults polled by YouGov had personal or family experience of an inheritance being sent to the wrong recipient, by accident or for some other reason. A further 77 people had a close friend who had experienced this. The research, conducted in January, was commissioned by probate research firm Finders International, which reunites next-of-kin with inheritance they did not know was due when someone dies intestate.

Family feuds were commonplace, with 15% saying they were likely to consider cutting out siblings from their will, 10% disinheriting parents, 5% leaving out their partner and 5% disinheriting their own children.

Three-fifths of adults didn’t have a valid will and three-quarters knew little about the effect of dying intestate. However, the COVID-19 pandemic has caused one quarter more British adults to consider making a will in the past year than in previous years.

The survey also highlighted how families have become increasingly international.

Geoffrey Odds, chair of the International Association of Professional Probate Researchers, said: ‘From an international perspective, this research went on to uncover that more than a quarter of younger adults had at least one foreign born grandparent, compared to just 10% per cent of over-50s. 

‘This is a consequence of post-World War Two immigration, and ease of travel and transport over the past seven decades.’

Issue: 7920 / Categories: Legal News , Wills & Probate
printer mail-details

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
back-to-top-scroll