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Probate Fees

Posted: January 12th, 2022, 6:00 pm
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

Re: Probate Fees

Posted: January 12th, 2022, 7:01 pm
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.

Re: Probate Fees

Posted: January 12th, 2022, 7:56 pm
by pje16
agreed - percentage based fees are a rip-off