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EFIS 35, July 2008 : Probate

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In this year’s Budget statement, the Chancellor of the Exchequer confirmed that the threshold at which Inheritance Tax becomes payable would be increased to £312,000 as part of the Finance Act 2008.

We have therefore amended the PROPEP form to refer to the new Inheritance Tax threshold of £312,000 in respect of deaths occurring on or after 6th April 2008.

PROPEP can be used in conjunction with forms PRO4, PRO4B, PRO5, PRO8, PRO9, PRO11, PRO12, PRO13, PRO14 and PRO16 in respect of applications made on or after 6th August 2008. This form replaces PROPEP2007 which therefore needs to be removed form your system(s).

We have also amended forms PRO4B, PRO5, PRO8, PRO8A, PRO9, PRO11, PRO12, PRO13, PRO14 and PRO16 so that the postcode can now be entered as a database entry in the top right hand corner of the forms. These forms can be used immediately.

If you are not using Active Library, you will need to manually delete some forms. For deletion instructions, click here

Forms affected

PROPEP2007 Probate Estate Provisions Withdrawn
PROPEP 2008 Probate Estate Provisions New/Amended
PRO4B Oath for Executors (Trust Corporation) New/Amended
PRO5 Oath of an Attorney of an Executor (Administration with the Will annexed) New/Amended
PRO8 Oath for Administrators New/Amended
PRO8A Nomination of Co-administrator - Minors New/Amended
PRO8B Nomination of Co-administrator by Person with Parental Responsibility. (Administration with the Will.) New/Amended
PRO9 Oath for Attorney of Administrator New/Amended
PRO11 Oath for Administrators, with the Will New/Amended
PRO12 Oath for Administrators, de bonis non New/Amended
PRO13 Oath for Administrators with the Will, de bonis non New/Amended
PRO14 Oath for Double Probate New/Amended
PRO16 Oath of Administrators Person with Parental Responsibility and Nominee New/Amended

Crown copyright forms are reproduced with the permission of the Controller of the Stationery Office. Law Society forms are reproduced with the permission of the Law Society. Legal Aid Forms are produced with the permission of the LSC.