What the government's probate fees jump means for your clients
The government is set to introduce a tiered structure for probate fees as high as £20,000, based on the value of the deceased's estate, and is investigating whether life insurance policies in trust should be brought forward to pay fees.
Currently all estates over £5,000 pay a flat fee of £215 - or £155 through a solictor - but this will now be replaced by a sliding scale of fees ranging from £300 to £20,000, depending on the value of...
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