Asset-rich but cash-poor families could put their welfare at risk as they attempt to minimise the impact of an unprecedented rise in probate fees, private client lawyers have warned.
Last week the government decided to go ahead with an increase in grant of probate application fees based on the value of an estate before inheritance tax, despite overwhelming opposition by lawyers.
The decision follows a consultation which received 853 responses, 695 of which said it would not be fairer to move to a proportionate...
Continue Reading for less than 70p per day!
This article is part of our subscription-based access. Please pick one of the options below to continue.
Already registered? Login to access premium content