Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
By Nick Hood
Inheritance disputes have fascinated public opinion from the moment that the farcical Jarndyce v Jarndyce case flowed from the pen of Charles Dickens onto the pages of Bleak House. This was believed to be based on a real life case which had been running then for 55 years, having commenced in 1798. It was only abandoned in 1915 when the funds in the disputed estate were exhausted by legal costs.
Judging by a minor Twitterstorm of vitriolic criticism unleashed recently by some very bland comments about a breakfast seminar focused on certain recurrent issues dealt with by the Court of Protection, the accretion of personal wealth by a rapidly ageing UK population is creating great anxiety for those who feel they have a claim on it. These concerns seem to be generating as much if not more heat and certainly less light than Dickens’ fictional courtroom protagonists.
Statistics suggest that demographic and financial trends are driving up activity in the Court of Protection. The number of property and affairs applications to the Court in 2012 was 26% higher than in 2009 and, critically, the number of deputies appointed by the Court to supervise the estates of the vulnerable also rose by 26% over the same brief period.
The causes are obvious. A substantial number of these cases arise from the financial affairs of the elderly. The Office for National Statistics is predicting that the UK population aged over 65 will increase from 10.8m in 2012 to 13.8m in just 10 years’ time, a rise of 28%. But even more strikingly, those over 75 will rise by 41% by 2024 an
Free trials are only available to individuals based in the UK
* denotes a required field
**excludes LexisPSL Practice Compliance, Practice Management and Risk and Compliance. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial. See our full terms here.
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Nick Hood is a Director of the legal costs firm, Kain Knight. He is a
Chartered Accountant and also an insolvency practitioner with the
Begbies Traynor Group, as well as a business risk analyst for corporate
health monitoring experts, Company Watch.
Email: email@example.com Tel: +44 (0)7967 658 296
0330 161 1234