Monthly Archives: March 2016

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Wealthy families face £20,000 rise in probate fees

15th March 2016 | Wills & Probate

Families inheriting estates valued at more than £2m will have to pay probate fees of £20,000 under new proposals being put forward by the government. The move would also see the beneficiaries of much smaller estates paying no fee at all. Under the current system, all estates worth more than £5,000 pay a standard probate fee of £155 when made by a solicitor and £215 if made by a beneficiary. The government wants to introduce a sliding scale with fees increasing depending on...