Important Announcement for changes to Probate Application Fees – APRIL 2019

The Government have approved the increase of the application fees for Probate from April 2019. The new legislation will raise the estate value threshold from £5,000 to £50,000 which will exclude around 25,000 estates from probate fees altogether

However, the remaining estates will have an increased fee with the revised structure ensuring that the value of fess will be more than 0.5% of the estate’s value. Currently, a flat fee of £215, or £155 if an estate uses a solicitor to apply for probate, is made on all estates over £5,000. From April, estates valued between £50,000 and £300,000 will now pay a fee of £250. Those between £300,001 and half a million pounds will now pay £750. Estates between £500,001 and a million will pay £2,500. Whilst estates in the enviable position at being priced over £2 million will now pay £6,000 to make a grant of probate application. As a result of the announcement on Thursday February 7th 2019 this leave very little time for applications to be made before the date of the increase. We would ask you as a Client to cooperate with us as much as possible in your matter, to make the application before the increase takes place however, where the Estates are not ready for submission to HMRC and Probate Registry there is a risk that you will fall under the new charges. We have also been minded that the Probate Registries across England and Will are expected to have an influx of applications which may cause significant delays to a Grant of Probate and Letters of Administration being received. All these changes are out side of our control and we ask you to be minded of the tight timescale that they are bringing them into force. Meinir Evans ME Law. February 8th 2019