For free initial advice and guidance call our Probate Advisors on 03306069584 or contact us online and we will help you.
The plans to introduce new Probate Registry fees next month have been scrapped because there isn't enough time to bring them in before the general election.
In March, we reported how the Government had announced a new policy that would significantly increase the cost of applying for Probate in England & Wales.
Under the proposal, the fee payable to the Probate Registry would be calculated according to the value of the deceased person's Estate.
The sliding scale meant there would be a sharp rise in Probate fees for many people, going from a flat fee of £155 or £215, up to £20,000 in some Estates.
The Ministry of Justice has now said the controversial policy will be dropped because there isn't enough time to pass the legislation through Parliament before the general election on 8th June.
It's not yet clear whether the proposal will be brought back if the Conservative Government is re-elected.
For now, Probate Registry fees will remain as they are. Currently there is a flat fee of £215 when the application is made by an individual, or £155 when the application is made by a Solicitor.
Probate is the legal process of administering a person's Estate after their death. It involves gathering in their assets, paying any debts or tax liabilities, and distributing the Estate to their beneficiaries.
Caoilionn Hurley, Director of Legal Services at Co-op Legal Services said, "The announcement today is good news for our bereaved customers, most of whom faced having to pay a steep rise in Probate Registry fees, making what is already a difficult time all the more challenging."
"The proposed fees also by-passed exemptions and reliefs in the Inheritance Tax regime. Co-op Legal Services has a national business with significant legacy donations. We are delighted that the status quo is preserved for charities now."
For free initial advice and guidance call our Probate Advisors on 03306069584 or contact us online and we will call you.