{"id":51624,"date":"2017-04-12T00:52:06","date_gmt":"2017-04-11T17:52:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/probate-fees-plan-is-daft-as-well-as-devious-letters\/"},"modified":"2017-04-12T01:00:41","modified_gmt":"2017-04-11T18:00:41","slug":"probate-fees-plan-is-daft-as-well-as-devious-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/probate-fees-plan-is-daft-as-well-as-devious-letters\/","title":{"rendered":"Probate fees plan is daft as well as devious | Letters"},"content":{"rendered":"


\nYou report on a plan of dubious legality to impose enormous probate fees to fund the justice system, using a statutory instrument to avoid parliamentary scrutiny of this new taxation (Truss\u2019s plan to increase probate fees may not be legally enforceable, 6 April).This plan is daft as well as devious. Probate fees are not, as you put it, \u201cpayable when claiming inheritances\u201d. They are paid by executors, and in the case of intestacy, administrators, to obtain authority to administer the estate of a deceased person. Executors may or may not be beneficiaries. Although the draft legislation is adamant that this would be an upfront fee, it is only once probate has been granted that it is possible to assess the value of an estate taking into account all assets and liabilities. This charge therefore could only be imposed retrospectively. That would reveal it for what it is: an increase in inheritance tax, but one not levied in a\u00a0smoothly progressive manner. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Probate fees plan is daft as well as devious | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You report on a plan of dubious legality to impose enormous probate fees to fund...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-51624","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dqE","jetpack-related-posts":[{"id":4650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/probate-avoid-a-final-rip-off-when-sorting-out-your-loved-ones-estate\/","url_meta":{"origin":51624,"position":0},"title":"Probate: avoid a final rip-off when sorting out your loved one's estate","date":"September 21, 2013","format":false,"excerpt":"\r Outside executors can cream off thousands \u2013 don't make an already testing time worse by not comparing probate servicesA bereavement is bad enough; finding out later that you have been ripped off by your bank or solicitor when dealing with the estate just piles on the misery.Fees for what\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-to-raise-inheritance-tax-not-probate-fees\/","url_meta":{"origin":51624,"position":1},"title":"It\u2019s time to raise inheritance tax \u2013 not probate fees","date":"February 27, 2016","format":false,"excerpt":"\r The proposed increases are staggering \u2026 pay \u00a3300 if the estate is in Hull, \u00a34,000 if it\u2019s in HackneyIt\u2019s a new \u201cdeath tax\u201d for \u201cgrieving families\u201d. It\u2019s an \u201castronomical\u201d blow for the \u201cbereaved\u201d. The government is proposing a sharp rise in probate fees on larger estates, which has sent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-drops-plan-to-raise-probate-fees\/","url_meta":{"origin":51624,"position":2},"title":"Government drops plan to raise probate fees","date":"April 21, 2017","format":false,"excerpt":"\r Ministry of Justice says snap election means plan to increase fees to as much as \u00a320,000 would not be completed in timeThe government has dropped plans to sharply increase probate fees before the election, raising the possibility that the proposals could be dropped altogether.The controversial Ministry of Justice scheme\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/probate-fees-to-soar-to-a-maximum-of-6000\/","url_meta":{"origin":51624,"position":3},"title":"Probate fees to soar to a maximum of \u00a36,000","date":"November 9, 2018","format":false,"excerpt":"\r Reforms will introduce a new six-band charging structure\r \r Source : ft.com\r Read more...Probate fees to soar to a maximum of \u00a36,000","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-plans-huge-rises-in-probate-fees-charged-after-death\/","url_meta":{"origin":51624,"position":4},"title":"Government plans huge rises in probate fees charged after death","date":"February 19, 2016","format":false,"excerpt":"\r A new system could see some pay \u00a320,000 when left estates worth more than \u00a32m by a deceased relativeThe government is planning huge rises in the probate fees charged when an individual dies and leaves property to their relatives in a bid to raise an additional \u00a3250m a year.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trusss-plan-to-increase-probate-fees-may-not-be-legally-enforceable\/","url_meta":{"origin":51624,"position":5},"title":"Truss\u2019s plan to increase probate fees may not be legally enforceable","date":"April 6, 2017","format":false,"excerpt":"\r Report suggests Ministry of Justice may not have the authority to introduce the charges of up to \u00a320,000 per estateGovernment plans to raise \u00a3300m by increasing probate fees \u2013 payable when claiming inheritances \u2013 may not be legally enforceable, a parliamentary committee has said. A report by the joint\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51624"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=51624"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51624\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=51624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=51624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=51624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}