Probate costs and services

Range of Costs

We recommend that you contact us to discuss matters for a case specific, no obligation estimate. Estates vary significantly in complexity and the number or types or accounts, or the number and location of beneficiaries can affect the costs.

Typically, an Estate which requires us to apply for a Grant of Probate, collect and distribute the assets, where there is no property to sell, we would anticipate;

Between 10 and 20 hours work at £165.00 per hour at our Mrs Hunter’s rate and;

and up to 1 hours work at £217.00 per hour at our Mr Donkin’s rate.

Total costs estimated at -£1,500-£3,500 (+VAT and disbursements).

The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary, costs will be at the lower end of the range. If there are multiple beneficiaries, and multiple bank accounts, costs will be at the higher end.

We will handle the full process for you. This quote is for estates where:

  • There is a valid Will
  • We are not named as the Executor or co-Executor in the Will
  • There is no property
  • There are no more than five bank or building society accounts
  • There are no other intangible assets
  • There are 1-5 beneficiaries
  • There are no disputes between beneficiaries on division of assets or with any third parties
  • There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
  • There are no claims made against the estate • Beneficiaries and relevant organisations are readily contactable

Disbursements

Disbursements addition to our legal fees:

  • Certainty Will Search and S27 Notice £238.80 – Checks to ensure that the Will you are relying upon is the last Will and has not been superseded by a later Will / that there is no other Will of which you are not aware. A Notice is entered in the London Gazette and a local paper to put creditors on notice that the Estate will be distributed. This protects you as the Personal Representative against unexpected claims from unknown creditors. [Both of these disbursements are recommended, but are optional]
  • Deceased Credit Report File £24.00 to assist in ascertaining the assets/liabilities [optional]
  • Probate application fee of £156.00 – for the Grant and two sealed copies
  • Bankruptcy-only Land Charges Department searches (£2.00 per beneficiary) [optional]

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process, the costs usually come from the Estate.

Potential additional costs

  • If there is no will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
  • If any additional copies of the grant are required, they will cost £1.00 per copy

How long will this take?

On average, estates that fall within this range are dealt with within 4-8 months. Typically, obtaining the Grant of Probate takes 8-10 weeks. Collecting assets then follows, which can take between 2-6 weeks provided they comprise of bank accounts or savings Once all assets are realised, distribution can take place, which typically takes 2-6 weeks, depending on all beneficiaries responding within the expected timescale.

Range of Costs

We recommend that you contact us to discuss matters for a case specific, no obligation estimate. Estates vary significantly in complexity and the number or types or accounts, or the number and location of beneficiaries can affect the costs.

Typically, an Estate which requires us to apply for a Grant of Probate, collect and distribute the assets, deal with utilities, council tax and buildings insurance, we would anticipate;

Between 20 and 30 hours work at £165.00 per hour at our Mrs Hunter’s rate and;

and up to 1 hours work at £217.00 per hour at our Mr Donkin’s rate.

Total costs estimated at -£3,500 - £5,500 (+VAT and disbursements).

The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.

We will handle the full process for you. This quote is for estates where:

  • There is a valid Will
  • We are not named as the Executor or co-Executor in the Will
  • There is no property
  • There are no more than five bank or building society accounts
  • There are no other intangible assets
  • There are 1-5 beneficiaries
  • There are no disputes between beneficiaries on division of assets or with any third parties
  • There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
  • There are no claims made against the estate
  • Beneficiaries and relevant organisations are readily contactable
  • The property is marketed with one Estate Agent and sells within three months of being placed on the market
  • We are not required to visit or check on the property for buildings insurance or other purposes

Disbursements

Disbursements addition to our legal fees:

  • Certainty Will Search and S27 Notice £238.80 – Checks to ensure that the Will you are relying upon is the last Will and has not been superseded by a later Will / that there is no other Will of which you are not aware. A Notice is entered in the London Gazette and a local paper to put creditors on notice that the Estate will be distributed. This protects you as the Personal Representative against unexpected claims from unknown creditors. [Both of these disbursements are recommended, but are optional]
  • Deceased Credit Report File £24.00 to assist in ascertaining the assets/liabilities [optional]
  • Probate application fee of £156.00 – for the Grant and two sealed copies • Bankruptcy-only Land Charges Department searches (£2.00 per beneficiary) [optional]

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process, the costs usually come from the Estate.

Potential additional costs

  • If there is no will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
  • If any additional copies of the grant are required, they will cost £1.00 per copy
  • Dealing with the sale or transfer of any property in the estate is not included.

How long will this take?

On average, estates that fall within this range are dealt with within 4-8 months. Typically, obtaining the grant of probate takes 8-10 weeks. Collecting assets then follows, which can take between 2-6 weeks provided they comprise of bank accounts or savings Once all assets are realised, distribution can take place, which typically takes 2-6 weeks, depending on all beneficiaries responding within the expected timescale. The timescale above does not take into consideration the time taken to sell or transfer any property forming part of the Estate as this is dependent upon factors over which we have no control.

Typical Fixed Fee – Obtaining a Grant of Probate

We can help you through this difficult process by obtaining the Grant of Probate on your behalf. This would be on the basis of our firm completing an IHT 205 tax form, where there is no Inheritance Tax liability, and statement of truth required for the Probate Application using information provided by you of the assets and liabilities of the Estate and submitting that application to HM Probate Registry on your behalf. We will not undertake any correspondence with third parties or beneficiaries in the Estate or have any dealings with holding funds on behalf of the Estate or making any distributions, unless asked to do so, for which we would quote separately.

Breakdown of costs

Legal fees £450.00

VAT on legal fees £90.00

Disbursements £156.00 (HM Probate Registry Fee providing an original Grant of Probate and two sealed copies) Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

TOTAL: £696.00

What is included in our fee?

  • Accurately identify the type of Probate application you will require
  • Prepare and complete the relevant HMRC form
  • Draft the required legal statement of truth for you
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and securely send two copies to you What is not included in our fee?
  • Completing additional HMRC forms to claim additional tax allowances
  • Completing HMRC forms where there will be IHT to pay
  • Completing documents in addition to the Statement of Truth, such as Renunciation of Executors or Affidavits in relation to the condition or otherwise of any Will

How long will this take?

On average, obtaining the Grant of Probate is dealt with within 1-2 months. Typically, obtaining the grant of probate takes 4-6 weeks from the date the application is submitted.

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