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...
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