IN THE SPOTLIGHT: LEGAL SERVICES
IN THE SPOTLIGHT
In this issue we look at the LEGAL SERVICES, BUSINESS CRIME & PROTECTION and APPRENTICESHIPS & SKILLS sectors in the Northamptonshire area
‘ESTATES
MAY STRUGGLE TO RECOVER
ASSETS WITH A SIGNIFICANT VALUE’
DO DIGITAL ASSETS HAVE VALUE?
A forward-thinking law firm is urging people to consider the value of their digital assets. EMW says many individuals see digital
assets as the preserve of those who invest in cryptocurrencies, or those businesses who hold information within a digital format. Those assets can have a significant value – the price of bitcoin reached a record high this year and now has more value than both Visa and Mastercard. However, digital assets also include
photographs, videos, online payment accounts and social media accounts. The danger is many people do not recognise the significant financial value of their digital assets
and are not accounting for them in their estate planning. EMW solicitor Oliver Kent (pictured) said: “A recent Law Society survey showed just 26% of respondents know what happens to their digital assets after they die, with only 7% saying they fully understand. Of those surveyed who have a Will, 93% hadn’t
included digital assets in their Will. “These statistics show many
individuals aren’t leaving a plan on how these assets will be accessed or
what they want to happen to them on their
death or if they lose capacity. “This means estates may struggle to recover assets with a significant value, including
For further advice contact Oliver or a member of EMW’s Private Client team at
privateclient@emwllp.com
HOWES PERCIVAL NOMINATED FOR FIVE AWARDS
A leading commercial law firm, which has clients ranging from individuals and families to global businesses and Government departments, is in the running for five top awards. Howes Percival has made it to
the finals for five awards at the Insider Media’s Central & East Dealmakers Awards 2020. The annual awards recognise high-quality work from the top professional services firms in the central and eastern region. The firm has been shortlisted for
Corporate Law Firm of the Year, has two nominations through to
18 inbusiness FEBRUARY/MARCH 2021
the finals in the Deal of the Year (Below £10m) category and a further two nominations in the Deal of the Year (above £10m) category. Howes Percival’s Northampton
corporate, commercial and banking partner, Gerald Couldrake said: “This is excellent news and we are delighted to have been shortlisted for the third year running. Our goal is to be the ‘go-to’ firm for corporate, commercial and banking work in the region and these nominations prove that our team is more than capable of handling some of the biggest, high-profile deals in the area.
“Our recognition in this years’
awards also demonstrates that, despite the external pressures of the pandemic, we have been able to provide the same high standard of work and uninterrupted service to our clients throughout.” The awards are judged by a
panel of independent experts and the winners will be announced at a gala dinner event that is due to take place in Milton Keynes on 22 April.
For further information about Howes Percival visit
www.howespercival.com
Gerard Couldrake
Cryptocurrencies, business secrets and software, and personal assets, including photographs, could be lost to families. “It’s crucial you provide clear instructions to
your executors or attorneys about what should happen to these assets to avoid disputes.” When estate planning you should consider
what digital assets you or your business owns, their value and how they are accessed. You should also consider if you had made provision to deal with your digital assets and whether you need to arrange for written requests to be made for the transfer of digital assets.
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