The Department of Justice say that the residence nil rate band being introduced next year will reduce the amount of inheritance tax by more than the increase in probate fees, but it is still a stealth tax. The current probate fees cover the costs of the probate registries, but the rest of the courts and tribunals service doesn't, so the government are generating a lot more income to subsidise the civil and criminal courts.
Lawyers fees for running a simple probate are usually less than 2% of the estate in England and Wales.
Gransnet forums
Legal, pensions and money
Join the conversation
Registering is free, easy, and means you can join the discussion, watch threads and lots more.
Register now »Already registered? Log in with:
Gransnet »

