Proposals from the Ministry of Justice would see the introduction of a flat rate fee of £273 for applying for a grant of probate. Although this would be applied to practitioners and members of the public regardless of the size of estate, allowances are made of estates of less than £5000, which would not be charged.
Warning – if you are hoping this is a juicy tale of battling beneficiaries or a feuding family, you may be disappointed! However if you are looking for a poorly drafted will leading to some extensive family tree investigation, then read on! This is a cautionary tale of the perils of not keeping your Will reviewed and updated. How things can go wrong even if there is no dispute. The facts are those of a real estate I am currently dealing with, but anonymised.
In an effort to help as many companies “emerge intact the other side of the Covid-19 pandemic” the UK government has announced new insolvency plans to prevent businesses from being forced to file for bankruptcy.
In order for your Will to be legally valid there are specific conditions which must be met when your Will is signed.
People wrongly assume that the people closest to them will be automatic guardians and would just take over their children’s care if the worst happened.