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ARTICLE · 08 MARCH 2019

An End To Forecasting?

Withers LLP
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For decades, Smee & Ford has notified charities when they have been left gifts in wills.

United KingdomCorporate/Commercial Law

Shake-up of charitable legacy alert system

For decades, Smee & Ford has notified charities when they have been left gifts in wills. The service has become critically important to the operation of many charities. Estates invariably take time to be administered and so the notification system is crucial for budget forecasting. The reduction in fraud and/or misdirection of legacies should not be underestimated and early notice means charities are able to assist lay executors, in particular, to avoid mistakes.

But, at the end of January, the Ministry of Justice announced that it will be ending this arrangement from 31 July 2019, in favour of a 'new system' which, it appears, has yet to be designed.

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