The economic slowdown is making it more important than ever for individuals in any wage bracket to take care of the pennies. Family law is particularly emotive when disputes over cash arise. Shockingly, 66 per cent of people fail to make a will, which can cause a myriad of problems for distressed family members.
This Private Client and Family Special Report examines whether changes to the inheritance tax threshold could make it easier for individuals to make wills. With the onset of the Legal Services Act, will-writing is set to become a commoditised service for the masses. Firms that are making inroads into the market now will capitalise on a client base ripe for the picking.
The report also discusses what happens when the family court collides with the insolvency regime, as well as looking at what lawyers can do to mitigate conflicts between offshore sharia law trusts and Anglo-Saxon trusts.