News, Tips, Questions & Answers

19th September 2018

How will cryptocurrencies affect inheritances?

Cryptocurrency is, in the most basic terms, an alternative digital currency to traditional government-issued currency. A recent survey by Dalia revealed that 5% of the UK are planning to buy cryptocurrency in the next six months, with 9% already owning cryptocurrency. Experts even predict that 33% of millennials will own some form of cryptocurrency by […]

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12th September 2018

ELM Legal Services shortlisted for Will Writing Firm of the Year (Regional- South)

ELM Legal Services are proud to announce that we have reached the final shortlist for The British Wills & Probate Awards 2018. Charlotte Wrigley, Head of Legal (Private Clients) at ELM commented: “The team are thrilled to have been shortlisted to represent the South West as a shortlisted candidate for this year’s British Wills & […]

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12th September 2018

You can now inform banks of a death in just a single step

A pioneering new service which lets you report the death of an individual to multiple financial institutions, all at the same time, has been launched.  There are approximately 500,000 deaths registered in the UK each year. And, people rarely have an account only with one bank or building society. So, when someone dies, letting these […]

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5th September 2018

Unclaimed estates in the UK could be worth billions

According to the latest figures, there are currently 9,254 unclaimed estates in the UK. With the average value of an estate worth around £150,000, the total amount of this unclaimed inheritance could be worth billions. Property, money, personal belongings and other assets are being left in limbo instead of being passed on to relatives or […]

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29th August 2018

The majority of people are not prepared for later life

An LPA is one of the best ways to protect yourself and your wishes, should you become unable to make financial or health decisions for yourself.   There are two kinds of LPA, a Property & Financial Affairs LPA and a Personal Welfare LPA. Both deal with very different matters.  However, according to the latest figures […]

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