Waldrons Solicitors

HOW MANY PERSONAL INJURY CLAIMS GO TO COURT? If you've suffered a personal injury due to another party's failure in their duty of care, you might be considering pursuing a personal injury claim. These claims can provide crucial compensation for medical treatment, loss of earnings, and other related expenses. However, many individuals hesitate to make a claim, worried about the possibility of going to court. The reality is that only about 5% of personal injury cases actually reach court. The vast majority are settled out of court, making the process less daunting than many might fear. Most personal injury claims are straightforward. Given the expense and time involved in going to court, it's generally in the best interest of all parties to settle claims beforehand. Recent statistics from the Ministry of Justice reveal that between October and December 2023, there were 402,000 claims initiated in the County Court, with 13,000 being personal injury claims. Interestingly, out of these, only 11,000 cases went to trial, showing that a very small percentage (around 3%) of claims proceed to this stage. If you're considering a personal injury claim, remember that the likelihood of going to court is low. With the right legal support, you can pursue your claim with confidence, knowing that a resolution is likely before any court appearance becomes necessary. If you've been injured and it wasn’t your fault, don't hesitate to reach out. Our specialist team is here to help you claim the compensation you're entitled to. We offer a 'No Win, No Fee' agreement where appropriate. Contact us today to discuss your case! For expert advice contact our personal team. https://lnkd.in/eYv2F8rS LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #EmploymentLaw #WorkplaceSafety #LegalSupport #Compensation

WALDRONS ANSWER THE BANK HOLIDAY QUESTION – WHY AUGUST BANK HOLIDAY? Did you know that the UK August bank holiday has its roots in giving workers a well-deserved break? Established in 1871 by the Bank Holidays Act, the original purpose of this holiday was to give bank employees and other workers a day off to enjoy the last of the summer weather. (Not that we are having much of a summer!) Some say it was to give those bank employees time to enjoy the cricket season! And Waldrons know all about community cricket! We think it may be to give hard working legal folk a break! While its timing has shifted over the years—from the first Monday in August to the last Monday—this holiday has always been about relaxation and leisure. Today, many of us celebrate the August bank holiday by spending time with family, enjoying outdoor activities, or simply unwinding before the busy autumn season kicks in. How are you spending your bank holiday? #BankHoliday #UKHistory #WorkLifeBalance LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #EmploymentLaw #WorkplaceSafety #LegalSupport #Compensation

WORKPLACE INJURY: SUCCESSFUL COMPENSATION CLAIM BY WALDRONS SOLICITORS We're proud to share the successful outcome of a recent case where our team at Waldrons Solicitors secured compensation for a client who suffered a burn injury at work. Case Summary: Adam, employed at a local foundry, was injured while operating defective machinery. A malfunctioning burner caused a flame to shoot out, severely burning his hand. Upon seeking our assistance, Adam was represented by Katie Hinton, who guided him through the personal injury claim process. The claim was filed against his employer’s insurer for failing to provide safe work equipment, and liability was swiftly accepted. A thorough medical report confirmed Adam’s injuries and the associated pain and trauma. Compensation of £2,000 was agreed upon, covering his injuries and lost earnings. The matter was settled quickly without the need for court proceedings. If you've been injured at work and it wasn’t your fault, don't hesitate to reach out. Our specialist team is here to help you claim the compensation you're entitled to. We offer a 'No Win, No Fee' agreement where appropriate. Contact us today to discuss your case! For expert advice contact our personal team. https://lnkd.in/eYv2F8rS LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #EmploymentLaw #WorkplaceSafety #LegalSupport #Compensation

CRICKET AND COMMUNITY BRINGS AN EVENING OF FUN Keen cricketers from Waldrons’ Personal Injury Department were invited to attend Community Union’s friendly mid-week match. John McDonnell, Solicitor and Head of Personal Injury, Katie Hinton, Litigation Executive and our Managing Director, Joseph Norton certainly looked the part as they joined Michael Imperato from Watkins and Gunn Solicitors and Niamh O’Brady, Spencer Wood, James Barrow, Naaiem Ishaq from OH Parsons LLP. Katie said “we don’t like cricket …. we love it and it was a lovely evening spent with friends and colleagues old and new. Waldrons is dedicated to participating in community engagement and promoting sports through events that bring people together. We are committed to creating inclusive opportunities for everyone to participate in and enjoy local sports whilst having a bit of friendly fun. LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #EmploymentLaw

WHAT IF YOU ARE UNABLE TO PAY INHERITANCE TAX? PART TWO Last week we talked about possible problems in a Grant of Probate when an estate is ‘money poor, asset rich’ and there is inheritance tax (IHT) to settle with HMRC but insufficient funds readily available. At request within the account submitted to HMRC, it may be possible to pay inheritance tax in instalments. This will allow the estate to pay what it can afford for now with the remaining balance to be paid annually over 10 years, you will usually have to pay interest on the instalments paid. What if all the above suggestions have been considered but does not address your circumstances? Well, HMRC in certain situations can also consider offering a ‘Grant on Credit’. This involves the executor obtaining a Grant of Probate without paying the full amount of IHT upfront, with the tax being paid once the estate has the necessary funds. This is often useful when cash is tied up in property as the ‘Grant on Credit’ allows for the sale of the property to liquidate finances to then settle the IHT liability. It would be wise to request a grant on credit early on in the probate process and once the estate values have been valued, as HMRC will need to consider whether the estate has significant assets but lacks liquidity, if there is an urgent need to obtain probate to administer the estate, such as settling IHT and debts but there are insufficient funds available to pay the IHT within the 6 month period. When other avenues for securing funds (like loans or advances from beneficiaries) are not viable options and to satisfy themselves that the IHT will be paid once the estate is liquidated. Given the complexity of IHT issues, it is advisable to seek professional legal advice when dealing with insufficient funds to pay inheritance tax and whether a ‘Grant on Credit’ would potentially be required. For expert advice contact our Wills & Probate Department team. https://lnkd.in/ebAanmHa LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #EmploymentLaw

WHAT IF YOU ARE UNABLE TO PAY INHERITANCE TAX? PART ONE There may be occasions when an estate is ‘money poor, asset rich’ and there is inheritance tax (IHT) to settle with HMRC but insufficient funds readily available. This creates a problem in that a Grant of Probate will usually only be issued when the IHT is paid but if the estate has its funds tied up in property, a property cannot be sold until there is the authority of the Grant, therefore creating a ‘catch 22’ scenario. What options could be considered to address this issue? In the first instance, beneficiaries could potentially agree to loan money to the estate to cover the IHT due, which can then be repaid to the beneficiaries once the executors have collected the assets into the estate. Historically, some banks offered loans designed specifically to pay inheritance tax. However, the availability of these products has dwindled over the years but stepping into that gap are a few loan companies specialising in lending to executors to cover an IHT liability which is then repaid from the estate once probate is granted, and assets are liquidated. As with any loan, this will incur interest on the borrowing and potentially other fees to arrange. If there are liquid assets in the estate, these can be sold to cover the IHT or a direct payment from these holdings can be requested to enable financial institutions to settle any IHT due directly with HMRC. Comparable to the above beneficiary suggestion, an executor may have their own available funds to pay the IHT and then reimburse themselves from the estate once funds become available See Mondays’ post for more valuable insights into this complex IHT issue. Written by Cheryl Styles, Legal Executive. https://lnkd.in/ebAanmHa For expert advice contact our Wills & Probate Department team. https://lnkd.in/em3ZRhF6 LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour

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UNDERSTANDING INHERITANCE TAX: THE BASICS Inheritance Tax (IHT) is a tax on the estate (the property, money, and possessions) of someone who has died. In the UK, Inheritance Tax is charged at 40% on parts of an estate valued over the current £325,000 threshold. This is known as the 'nil-rate band.' Estates valued below this threshold do not attract IHT, making estate planning crucial for those near or above this level. If your total estate is less than £2m, you can claim an extra allowance of £175,00, known as the Residence Nil Rate Band (RNRB), if you’re passing your residential property on to a direct descendant, (a child, grandchild or great-grandchild etc). You can claim the RNRB allowance as long as your total estate is less than £2 million. WHO PAYS INHERITANCE TAX? IHT is typically handled by the executor of the will or the administrator of the estate. Any tax due must be paid within six months after the person's death to avoid interest charges. EXEMPTIONS AND RELIEFS No-one wants to give their hard earned to HMRC. There are ways to reduce IHT and leave more to your family. Effective estate planning can legally reduce the amount of IHT. This may include making gifts, setting up trusts, passing on pension savings or investing in IHT-efficient financial products. Seeking advice from a financial advisor specialised in estate planning is crucial to navigate these options effectively. Understanding and applying the rules of IHT can ensure your estate is managed exactly how you wish, minimising the tax burden on your beneficiaries. Inheritance Tax can seem daunting, but with careful planning and consideration, it can be managed effectively. Being aware of how IHT works, understanding the thresholds and exemptions, and planning accordingly can significantly reduce the tax impact on your estate. For expert advice contact our Wills & Probate Department team. https://lnkd.in/em3ZRhF6 LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #employmentLaw

40 Years Young and Thriving: Joseph Norton celebrates reaching a milestone birthday with Wit, Wisdom, and a Dash of Fun! Waldrons Solicitors are delighted to announce that our leader, Joseph Norton, has officially hit the big 4-0! That’s right, our Managing Director has reached that magical age where wisdom meets … well, even more wisdom! As we mark this milestone, everyone at Waldrons would like to extend our heartfelt thanks to Joseph for his dedication, energy, passion, and commitment to continue to inspire our entire team. Since the sad passing of our beloved former MD, John Roberts, Joseph has been steering Waldrons to new heights with the support of his fellow Directors, Dawn Cash, Belinda Hill, Patrick Sheedy and Luke Boxall, and also everyone at Waldrons. Joseph shows sharp business acumen and an uncanny ability to find the best cup of tea in the office. From his impeccable knowledge and expertise in Medical Negligence, to always knowing how to raise a smile and support everyone in the office, Joseph definitely shows that he has got what it takes to be a true legendary leader. As Joseph enters this exciting new decade, we’re not saying he’s getting older—just more experienced! Here’s to many more years of leading us with style, wit, and a touch of that famous Norton charm. We look forward to an even brighter future under his guidance. LAW IS OUR BUSINESS. IT HAS BEEN SINCE 1867. ⌨️ www.waldrons.co.uk 📞 01384 811 811 #BlkCountryHour #Wearewaldrons #SpecialistLawyer #ConveyancingSolicitor #PropertyInvestment #SolicitorsFirm #PersonalInjury #MedicalNegligence #FamilyLaw #BusinessLaw #employmentLaw