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08 February 2021
Issue: 7920 / Categories: Legal News , Wills & Probate
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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
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MOVERS & SHAKERS

Clarke Willmott—Megan Bradbury

Clarke Willmott—Megan Bradbury

Corporate team welcomes paralegal in Southampton

Howard Kennedy—Paul Moran

Howard Kennedy—Paul Moran

London firm strengthens real estate team with partner appointment

Cripps—Radius Law

Cripps—Radius Law

Commercial and technology practice boosted by team hire

NEWS
Pathfinder courts—renamed ‘Child focused courts’—are to be rolled out nationally, following a successful pilot where backlogs halved and cases were resolved up to seven and a half months faster
The Court of Appeal has unanimously dismissed a £385,000 costs order against a father, in a case that centred on what is required to meet the threshold of ‘reprehensible or unreasonable’ behaviour
Centuries-old burial laws would be overhauled, under Law Commission proposals to address the burgeoning problem of shortage of cemetery space
The government has committed an extra £32m to women’s charities and services tackling addiction, trauma, abuse and homelessness
The Financial Ombudsman is poised for major reform to return it to a simple, impartial dispute resolution service
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