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 for free

  • 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

Octopus Investments unveils IHT and estate planning helpdesk

Octopus Investments unveils IHT and estate planning helpdesk

Aims to provide clarity on tax rules and the legalities of estate planning

Isabel Baxter
clock 16 September 2024 • 2 min read
Lasting power of attorney: Who guards the guardians?

Lasting power of attorney: Who guards the guardians?

'LPAs can be a real asset if used properly'

Adam Matthews
clock 23 August 2024 • 3 min read
Lessons from Succession: Unlocking generational wealth

Lessons from Succession: Unlocking generational wealth

What advisers can learn from the Roy family...

Simon Rogerson
clock 14 August 2024 • 4 min read