What happens to debt after someone dies?
When someone you love has passed away, the last thing you might be thinking about is debt. However, there are many misconceptions about debt and inheritance, and it is essential to understand your position.
Essential considerations when completing probate online
We know losing a loved one can be a very difficult and emotional time and that being an executor of a will is a big responsibility. This guide is essential reading if you are considering online probate.
Online Probate – is it always a viable option to take?
Earlier in the year it was announced that a new online service to apply for probate would be introduced. This meant that those applying for probate could do so from the comfort of their own home, potentially negating the need for involvement from a solicitor.
Proposed increase on probate fees scrapped
Following the announcement of the snap general election to take place on 8th June, the government has decided to scrap its plans to increase the legal fees due after a person has died. Having proposed a rise in probate fees in England and Wales to come into effect in May, which would have seen an increase from the current flat figures of £155 or £215 to as much as £20,000 for the most valuable estates, the Ministry of Justice announced in the second half of April that there was too little time for the legislation to go through parliament before the election.
The ‘cost of dying’ is now racing ahead of the rate of inflation
Recent research has revealed that the cost of dying is now the fastest rising fixed cost in the UK, ahead of costs of living including rent, utilities and food.
Forty One Million Wills now available online
The wills of Charles Dickens, Winston Churchill, Alan Turing and Beatrix Potter are among millions which have been made accessible to the public through a searchable online database.