Probate - fees

The complexity of this depends on both the deceased’s preferences as expressed in their will and the size of their estate. You may prefer to handle this yourself, but if you feel you need professional assistance, our team of experienced and sensitive probate professionals is here to assist you.

Our team has expertise delivering high-quality services in all probate situations. There are few aspects of probate that the team has not dealt with previously, and you can be confident that the team will make the probate procedure as simple and stress-free as possible.

Application for the grant, asset collection, and distribution
Probate work is typically done on an hourly basis. The following information is offered to help you understand how we determine our fees. The costs listed are an estimate of the potential cost of a case and should not be considered an absolute quote. You must still contact us for a full quote that takes into consideration the specifics of your case.

The prices shown below presume that the case is uncontested and that all of the deceased’s assets are located in the United Kingdom. This comprises testate and intestate estates (with and without a will), as well as taxable and non-taxable estates.

We expect this will take between 15 and 30 hours of administration, charged at an hourly rate of £200.00 plus VAT. The exact hourly charge will be determined by who does the task on your behalf. The more complicated a situation, the more likely it will require the assistance of a highly experienced solicitor.

The hourly rates that apply are as follows:

Partner: £225.00 plus VAT for a Partner
Associate Solicitor: £175.00 plus VAT
Trainee Solicitor: £125.00 plus VAT
Paralegal: £100.00 plus VAT
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Overall costs are projected to range between £2,500 to £6,000 plus VAT.

The actual cost will be determined by the facts of the case. einsteinerupload of. Costs will be higher if there are several beneficiaries, a property, and multiple bank accounts.

In unusually difficult instances, we may be compelled to deviate from the fee structure outlined above. We would always notify you if we thought your case was going to be particularly challenging, and we would never start any chargeable work on your behalf without first gaining your permission.

A fixed fee may be possible in simple or less complex matters. A standard fixed price is £2,500.00 including VAT. We will manage the entire process for you. This quotation is for estates where:

• There is a valid will
• There is only one property
• There are no more than five bank or building society accounts
• There are no other intangible assets
• There are between one and five beneficiaries; and
• There are no conflicts between beneficiaries over asset allocation.
• There is no inheritance tax payable and the executors are not required to file a detailed account to HM Revenue and Customs
• There are no claims made against the estate
• The estate is worth more than £5,000

Disbursements included in this fee:

• Probate application fee of £273.00
• Bankruptcy only – Land Charges Department searches (£2.00 per beneficiary)
• £85.00 to post in The London Gazette this protects against unexpected claims from unknown creditors.
• £215.00 – £400.00 to post in a local newspaper, this also helps to protect against unexpected claims.

Disbursements are expenditures associated with your case that must be paid to third parties, such as court fees. To guarantee a simpler transaction, we manage the payment of disbursements on your behalf.

Possible Additional Costs

If there is no will or the estate consists of any share holdings (stocks and bonds), there will very certainly be additional expenses that will vary greatly depending on the estate and how it is to be handled. Once we have more information, we will be able to provide you with a more exact price.

• If further copies of the grant are needed, they will cost £1.50 each (one per asset usually).
• Dealing with the sale or transfer of any estate property is not included.
• Filing tax returns*

*If a tax return is necessary, specialised guidance from an accountant will be required at an additional expense.

How long will it take?
Estates in this price range are typically handled within 3-6 months. Obtaining a grant of probate typically takes 6-12 weeks. The next step is to collect assets, which can take 2-6 weeks. After that, we can disperse the assets, which usually takes 2-6 weeks.