Grieving Families Charged Because Of Governmental Probate Backlog
Currently, following the death of donor, families and executors of a deceased person have six months to apply for probate, receive the grant of probate, assess the estate’s liabilities and assets, and pay inheritance tax. If an estate fails to pay IHT six months beyond the deceased’s death, they are lumbered with a late payment penalty of 3.25% per year.