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Lewis: probate fees set to hit £20k for larger estates

The government recently announced that probate fees will rise, in some cases by substantial amounts, with the stated aim of helping to fund the modernisation of the courts and tribunals service. Anne Lewis, partner at Cripps, considers the potential pitfalls for high net worth individuals

The changes are expected to take effect in May 2017 – as yet there is no exact date although the measure will be introduced via a statutory instrument.

What are probate fees? When someone dies, the people dealing with their affairs may have to obtain a grant of probate or a grant of letters of administration from the Probate Registry before they can deal with the deceased’s estate. 

A fee must be paid to the Probate Registry for dealing with the application for the grant. This is currently charged at a flat rate of £155 if a solicitor makes the application or £215 if made by an individual.

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