Erica Hancock: Treating probate with (a little) respect

P-R-O-B-A-T-E

clock • 4 min read

Erica Hancock uses soul legend Aretha Franklin to illustrate that making a will should be a top priority and why the probate process needs a little respect...

No matter how many times we hear the old trope about the certainty of death and taxes, the former still appears to something that, for many reasons, a lot of us prefer not to think about during our lifetimes.  However, as we know, chaos can often follow when someone passes away without consideration and plans for what would happen to their estate on their death. As a case study, I'm going to use an example who will be familiar to all of us - soul legend Aretha Franklin.  As you can imagine, this was not an inconsiderable estate, and Aretha did make careful plans for when she passed...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Estate planning

Emily Deane: "Digital assets include everything from email and social media accounts, digital memories and collectibles, to cryptoassets and smart contracts."

Factoring digital assets into the estate planning process

Useful tools for advisers looking to demonstrate tech savviness

Emily Deane
clock 19 October 2022 • 3 min read
PA360 North: Estate planning a 'massive opportunity' for advisers

PA360 North: Estate planning a 'massive opportunity' for advisers

'Help clients gain clarity on where they want their wealth to go'

Julia Bahr
clock 05 October 2022 • 2 min read
IHT receipts up £0.1bn, HRMC figures reveal

IHT receipts up £0.1bn, HRMC figures reveal

‘Successive year-on-year rises’

Ayesha Venkataraman
clock 23 June 2022 • 5 min read