Nia Wharry, Partner & Head of Wills & Estate Planning
– When a loved one dies and has a Will in place, it is necessary to apply for a Grant of Probate which will allow you to access the assets, where applicable, so bills can be paid and the estate distributed to those entitled. This article outlines how the Government is planning to raise the fee for this grant depending on how much the deceased’s estate is worth. We can help you with any aspect of administration of estates and make the probate process straightforward.
Large rises in fees payable after death that will affect millions of people in England and Wales have been confirmed by the government.
The Ministry of Justice will raise probate fees in May to as much as £20,000 for those with the biggest estates.
At the moment such fees are fixed at either £155 or £215.
Some in the industry have criticised the plans, designed to raise money for the court services.
Read more: http://bbc.in/2lyCh9U
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