New Probate Fees? Fairer System or Stealing From The Deceased?

February 14, 2017

Make your own mind up.

 

 

Current probate fees are £215, or £155 for those applying through a solicitor.

 

Putting aside the issue of whether an estate should be charged at all I think we can all just about live with the fees charged.

 

The Ministry of Justice (MoJ) is now proposing a massive hike in the fees for Probate.

 

On the new scale, the fees will be as follows:

 

a) estates below £50,00 will be exempt from fees

b) estates valued between £50,000 and £300,000 will pay £300.

 

sounds bearable so far …..but look at the higher end of the scale:

 

c) estates between £1.6m and £2m will be charged £12,000

d) estates worth more than £2m will be charged £20,000,

 

The MoJ describes the new structure as a ‘fairer banded system’ and said the fees will be used to fund the court service. (is that not the governments job though national taxation? Do we get a better service as a consequence?

The MoJ consulted on the proposals in February last year. Out of 831 respondents, fewer than 2% (13 responses) were in favour.

 

What do you think ?

 

The information provided in this article is not intended to constitute legal advice and each case requires careful consideration in our view by a fully qualified Solicitor before decisions are made and before you embark on a certain course of action.

 

Shak Inayat

Solicitor

Penn Chambers Solicitors

 

0207 183 2898

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