Probate property sales, shares and IHT impacted by registry delays

Probate property sales, shares and IHT impacted by registry delays

With the Probate Registry tackling a backlog of applications, probate property sales are suffering as a result of delays. In addition families are experiencing issues with payment of Inheritance Tax (IHT). Applications are taking anywhere between 16 and 26 weeks

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IHT reporting requirements – What’s changed?

IHT reporting requirements – What’s changed?

On 1 January 2022, changes to Inheritance Tax (IHT) reporting requirements came into force via The Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2021. The changes themselves are fairly technical in nature. To go into too much detail

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Probate applications drop during lockdown

Probate applications drop during lockdown

HM Courts and Tribunals Service (HMCTS) has revealed, to probate practitioners, that the volume of probate applications has fallen during lockdown. Normally, they would receive around 5,000-6,000 submissions a week. Since the lockdown was imposed, however, numbers have halved –

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Probate sub-registries closing doors throughout the UK

Probate sub-registries closing doors throughout the UK

In a push to modernise the legal system, the Government are closing the doors of probate sub-registries throughout the UK. Probate sub-registries closing down On 31 January alone, a total of 18 probate sub-registries closed down including Peterborough, Norwich and

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Probate fee increases abandoned; How did we get here?

Probate fee increases abandoned; How did we get here?

The Government has announced, after much to-ing and fro-ing, indefinite delays and a lot of harsh criticism from industry professionals and concerned families, that the previously planned probate fee increases will be abandoned.   Probate fee increases; The proposals Earlier

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