Posts from July 2021

The Ministry of Justice (MoJ) has launched a consultation on its proposals to increase probate fees. 
 
The new single fee of £273 will apply to professional and non-professional applicants, regardless of the size of the estate. The MoJ says the new fee reflects the cost of providing the service and is not intended to make a profit. 
 
Currently the fees to apply for a grant of probate for an estate valued over £5,000 are £155 for professionals and £215 for individuals. Estates worth less than £5,000 don’t pay a fee. 
 
picture of a gavel representing HM Courts & Tribunals Service
Grandparents and child reading a book
One in 8 people aged 50 and over have changed their retirement plans because of the pandemic. 
 
According to research from the Office of National Statistics (ONS), 5% will retire earlier and 8% will retire later. 
 
Looking at how older people in the workforce had been affected by the pandemic, the research found that many people had started to reconsider their retirement plans. 
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