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1016275
star this property registered interest false more like this
star this property date less than 2018-11-28more like thismore than 2018-11-28
star this property answering body
Ministry of Justice more like this
star this property answering dept id 54 more like this
unstar this property answering dept short name Justice more like this
star this property answering dept sort name Justice more like this
star this property hansard heading Probate: Fees and Charges more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Justice, what assessment he has made of the impact of the increase in probate charges from April 2019 on the (a) personal finances of the bereaved and (b) potential changes in the level of use of probate services; and if he will make a statement. more like this
star this property tabling member constituency Gedling more like this
star this property tabling member printed
Vernon Coaker more like this
star this property uin 196685 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The cost of the fee and reasonable expenses incurred by the executor are recoverable from the estate. Published HMRC data suggests that on average 25% of an estate’s assets are cash which suggests that these fees are affordable[1]. In exceptional cases where an executor cannot afford to pay the fee, there are safeguards in place, including the Lord Chancellor’s power to remit a fee.</p><p> </p><p>As stated in our published Impact Assessment, it is unlikely that demand will change in response to the planned fee changes.</p><p>[1] Inheritance Tax Statistics, available here:</p><p>https://www.gov.uk/government/statistics/inheritance-tax-statistics-table-124-assets-in-estates-by-range-of-net-estate-and-tax-due</p> more like this
star this property answering member constituency South East Cambridgeshire more like this
star this property answering member printed Lucy Frazer more like this
star this property question first answered
less than 2018-12-03T18:08:40.203Zmore like thismore than 2018-12-03T18:08:40.203Z
star this property answering member
4517
star this property label Biography information for Lucy Frazer more like this
star this property previous answer version
89720
star this property answering member constituency South East Cambridgeshire more like this
star this property answering member printed Lucy Frazer more like this
star this property answering member
4517
star this property label Biography information for Lucy Frazer remove filter
star this property tabling member
360
unstar this property label Biography information for Vernon Coaker more like this