Latest News

8th June 2022

Anti-Money Laundering Checks

When sending in instructions for trust drafting, SWW Trust Corporation must carry out Anti-Money Laundering (AML) checks on each settlor and trustee. These checks are important to both us, and you the introducer, as a safeguarding measure to prevent us from becoming directly or indirectly involved in any criminal activity. SWWTC charges a flat fee […]

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26th November 2019

What is a Grant of Representation?

Many people are familiar with the idea of the administration or probate process; however, most do not actually know what a Grant of Representation is, or that there are different types. Ultimately, the Grant of Representation is a document sealed and issued by the Court, which provides the Executors or Administrators of an estate with […]

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6th November 2018

Ministry of Justice intended structure for probate fees

Last May the Ministry of Justice proposed the introduction of increased probate fees on a tiered system based on the deceased’s assets. This tiered system confirmed that lower value estates, up to £50,000 would be exempt from probate fees whereas those with assets of more than £1m will have to pay probate fees of between […]

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17th September 2018

Reasons why your client may require a Trust

If you ask your client if they want to create a trust you will receive varied responses: for example, ‘It’s a good way to save tax’.  According to research the main reasons why people want to create a trust is to control the assets: for example, to prevent children from gaining access to money before […]

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