As you may be aware, the fee to apply for a grant of probate was set to rise from May this year.
The Government were proposing to scrap the current fixed court fee of £155, and replace it with a sliding scale based on the value of the deceased’s estate, with fees ranging between £300 and £20,000.
There were key concerns as to how executors would pay for such a high fee when, without the grant of probate, they do not have the legal authority to access the deceased’s assets. The proposals were seen as a “stealth death tax” rather than an administration fee.
There has been uncertainty as to when in May the changes would take place, however it has been confirmed today that the proposals are to be ditched ahead of the general election with the Government stating that there is not enough time to get the legislation through Parliament.
It is not clear at this stage if the proposed fee change will be introduced by the next Government but for now, everyone can breathe a sigh of relief!