Probate Fees

Practical Issues
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scrumpyjack
Lemon Quarter
Posts: 4130
Joined: November 4th, 2016, 10:15 am

Probate Fees

Post by scrumpyjack »

It seems HMG have abandoned the 'probate tax' which could have been up to £20k on larger estates.

The flat rate 'fee' is being retained but increased to £273 from January 26th

https://www.dailymail.co.uk/money/pensi ... 0&ito=1490

Lootman
The full Lemon
Posts: 16601
Joined: November 4th, 2016, 3:58 pm

Re: Probate Fees

Post by Lootman »

scrumpyjack wrote:It seems HMG have abandoned the 'probate tax' which could have been up to £20k on larger estates.

The flat rate 'fee' is being retained but increased to £273 from January 26th

https://www.dailymail.co.uk/money/pensi ... 0&ito=1490
Good news. If only professional executors would adopt a flat fee basis rather than the totally unjustified percentage of assets basis.

pje16
Lemon Half
Posts: 5855
Joined: May 30th, 2021, 6:01 pm

Re: Probate Fees

Post by pje16 »

agreed - percentage based fees are a rip-off

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