Article preview: Larger estates face higher probate fees, in some cases many thousands of pounds more, following the confirmation of new tiered fees. The Ministry of Justice has confirmed the new probate fees which will be introduced in April 2019. It follows a consultation last March, which was then postponed ahead of the general election in June. The fees have now however been confirmed as going ahead. Under the current fee structure for probate, estates in England and Wales pay a flat fee of either £215 or £155, with the lower fee charged for executors who use a solicitor. The new probate fees from April 2019 will be linked to the size of the estate on death.
Higher probate fees for larger estates
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This 606 word blog post explains the new tiered probate fees being introduced for estates in England and Wales from April 2019, with details of the costs and some of the implications for financial planning. Includes a comment from Parliamentary Under Secretary of State for Justice Lucy Frazer QC MP. Written on 6th October 2018.
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