Banks Prosper From Unfair IHT And Probate Fee Rules
Many people have anxiously pondered how the new probate fees would be funded in the future. Recent research has found that beneficiaries are being forced to deal with contrasting rules between inheritance tax (IHT) restrictions and applications of probate that are forcing executors to take out loans. Under the current archaic rules, IHT must be […]
House Of Lords Publicly Condemn Stealth Death Tax
Unsurprisingly, a House of Lords Committee have condemned the government’s amendments and reforms to probate fees. The negative comments echo the sentiments expressed by the Lords during the government’s first suggestion of a tiered and incremental probate system in 2017. Because the government ensured the rules were laid using a negative instrument, the proposals did […]
Supermen Webinar 48: Increasing Probate Fees And The Options To Mitigate
The Government has resurrected plans to increase Probate fees, which were dropped ahead of the 2017 general election. Whilst the probate fee increase is less than originally planned, a sliding scale based on the value of the estate will replace the current flat rates. Our team of experts will discuss: • What it means for […]