Changes to Probate Fees

Posted by on Mar 27, 2017 in Probate, Professional Services, Tax | Comments Off on Changes to Probate Fees

Probate fees are due to rise in May 2017. Following a consultation in 2016, significant increases in the fees payable for a grant of probate are due in May this year.  Currently the system requires a flat fee to be paid, which is, if carried out through a solicitor, £155 and if not, the fee is £215.  This will change in May to a banded fee, relative to the value of assets and the estate.  A table below shows the potential costs and significant potential increase, which could have implications on families, assets held and businesses involved within the probate. Value of Estate (before...

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