Probate

Services

 

Probate Work

The people who could work on your matter is Grace Noble, a solicitor who is the head of the Private Client team. Stephen Harvey, a Probate Executive who is head of the Probate team and Sian Bastable who is a Trainee Legal executive (CILEX)

Our range of costs for uncontested cases where all of the assets are in the UK.

 

For obtaining a Grant of Probate only:

We anticipate that this will take between 5 and 10 hours at £225 to £250 per hour.Total costs are estimated at between £1,125 and £2,500 plus VAT and disbursements (see below).The exact costs will depend on the individual circumstances of the matter.For example if we are provided with full details of assets and liabilities, including probate valuations and in cases where the shorter form of account (IHT 205) can be submitted, costs will be at the lower end of the range, while in cases where we are required to obtain full details of assets and liabilities and in cases where the full account (IHT 400) is required, costs will be at the higher end.This quote is for estates where:

  • There is a valid Will
  • There are no disputes between the Executors
  • There are no claims made against the estate

 

For dealing with the full administration of the estate:

We anticipate that this will take between 10 and 40 hours at £225 to £250 per hour.Total costs are estimated at between £2,250 and £10,000 plus VAT and disbursements (see below).The exact costs will depend on the individual circumstances of the matter.For example if there is one beneficiary and few assets and in cases where the shorter form of account (IHT 205) can be submitted, costs will be at the lower end of the range.If there are multiple beneficiaries, a property and multiple investments and accounts, and in cases where the full account (IHT 400) is required, costs will be towards the higher end.This quote is for estates where:

  • There is a valid Will
  • There is no more than one property
  • There are no more than 6 unmanaged shareholdings
  • There are no disputes between beneficiaries regarding the division of the assets. Should disputes arise, an increase in the costs is likely
  • There are no claims made against the estate

 

Disbursements normally charged in probate work include (at current rates):

  • Probate application fee of £155 plus 50p for each office copy.We ask for this fee to be provided in advance where possible. The amount of this fee will change in line with legislation due to be introduced in April 2019
  • Swearing fee of £5 plus £2 per exhibit (such as the Will) for each personal representative
  • HM Land Registry – Bankruptcy Search fee £2 per beneficiary
  • Creditor Notices (The London Gazette) - fee of approximately £80
  • Creditor Notices (Local Newspaper) - fee of approximately £200
  • Fees for bank transfers to beneficiaries (£12 to £36 depending on value and type of transfer)

Potential additional costs:

If there is no Will or there are a large number of unmanaged shareholdings, there may be additional costs, depending on the circumstances. We can provide a more accurate quote when we have more information.

If Tax Returns for reporting income or capital gains are required for the period up to the date of death, or for the administration period (in which case the estate will need to be registered with H M Revenue & Customs) additional charges will apply and details will be provided where appropriate.

Charges for the sale or transfer of any property in the estate are not included and details will be provided where appropriate.

Dealing with the transfer or sale of any foreign assets is not included.

Timescales:

On average, estates within the above range are administered within 2 to 9 months.Obtaining the Grant of Probate or Letters of Administration typically takes between 6 and 15 weeks, depending on how much information is provided at the outset and whether the estate is liable to Inheritance Tax.Collecting the assets then follows, which will usually take between 3 and 8 weeks.We then pay any legacies and liabilities, and provide a Cash Statement or Estate Accounts, before distributing the residue of the estate, which will normally take 3 to 8 weeks.

 

 

Contact us for further details

I would just like to say thank you for all your help and support through my divorce and thank you for your patience in dealing with all my questions along the way.

Mr B

Thank you for the excellent local based service and great value for money.

Mr B

I would also like to add my regards for the very professional way you have handled the administration of my late mother's estate.

Mrs D

I wonder if you realise how much better I felt after talking to you yesterday. Your advice and patience was most appreciated and my daughter was most relieved to know that you will guide and help her cope when the inevitable happens. I guess you would say that you were only doing your job but I will never forget your kindness to an emotional client. I am so very grateful.

Mrs M

Thank you for all the time and effort you have put in getting this done for my parents.

Mrs P