Applying for the grant, collecting and distributing the assets (Simple Estate)

We anticipate this will take between 8 and 10 hours work at £195 per hour. Total costs estimated at £1500 and £1900 (+VAT). Final costs are calculated to include 1% of the value of the residuary estate and 0.5% of any property.

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
  • There is no more than one property
  • There are no more than 3 or 4 bank or building society accounts
  • There are no other intangible assets
  • There are 1-3 beneficiaries
  • There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
  • 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

Disbursements to be incurred in addition to our fees:

  • Probate application fee of £155.00
  • £7 Swearing of the oath (per executor) (where applicable)
  • Bankruptcy-only Land Charges Department searches £2 plus VAT per beneficiary)
  • £92.40 (inc VAT) Post in The London Gazette – Protects against unexpected claims from unknown creditors.
  • £250-300 inc VAT Post in a Local Newspaper (depends on individual newspaper costs) – This also helps to protect against unexpected claims.
  • Special Delivery Costs £3.23

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.

As part of our fees we will:

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Identify the legally appointed executors or administrators and beneficiaries
  • Accurately identify the type of Probate application you will require
  • Obtain the relevant documents required to make the application
  • Complete the Probate Application and the relevant HMRC forms
  • Draft a legal statement for you to approve and sign
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and securely send two copies to you
  • Collect and distribute all assets in 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 £1.50 (1 per asset usually).
  • 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 3 to 4 months. Typically, obtaining the grant of probate takes 4 to 6 weeks. Collecting assets then follows, which can take between 4 to 6 weeks. Once this has been done, we can distribute the assets, which normally takes 2-4 weeks.

As part of our fees we will:

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Identify the legally appointed executors or administrators and beneficiaries
  • Accurately identify the type of Probate application you will require
  • Obtain the relevant documents required to make the application
  • Complete the Probate Application and the relevant HMRC forms
  • Draft a legal statement for you to swear
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and securely send two copies to you
  • Collect and distribute all assets in the estate

 

Applying for the grant, collecting and distributing the assets (Complex Estates)

We anticipate this will take between 15 and 20 hours work at £195 per hour. Total costs estimated at £3,500 and £4,000 (+VAT). Final costs are calculated to include 1% of the value of the residuary estate plus 0.5% of property value.

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 are any issues over the validity of any will
  • There is more than one property
  • There are more than 3 or 4 bank or building society accounts
  • There are other intangible assets
  • There are more than three beneficiaries
  • There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
  • There maybe inheritance tax payable and the executors need to submit a full account to HMRC
  • There are no claims made against the estate

Disbursements to be incurred in addition to our fees:

  • Probate application fee of £155.00
  • £7 Swearing of the oath (per executor) (where applicable)
  • Bankruptcy-only Land Charges Department searches £2 plus VAT per beneficiary)
  • £92.40 (inc VAT) Post in The London Gazette – Protects against unexpected claims from unknown creditors.
  • £250-300 inc VAT Post in a Local Newspaper (depends on individual newspaper costs) – This also helps to protect against unexpected claims.
  • Special Delivery fees £3.23

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.

As part of our fees we will:

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Identify the legally appointed executors or administrators and beneficiaries
  • Accurately identify the type of Probate application you will require
  • Obtain the relevant documents required to make the application
  • Complete the Probate Application and the relevant HMRC forms and pay any inheritance tax due
  • Draft a legal statement for you to approve and sign
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and securely send two copies to you
  • Collect and distribute all assets in the estate

On average, estates that fall within this range are dealt with within 6- 12 months. Typically, obtaining the grant of probate takes 8 to 12 weeks. Collecting assets then follows, which can take between 6 to 8 weeks. Once this has been done, we can distribute the assets, which normally takes 3 to 4 weeks.

Probate (fixed fee)

We can help you through this difficult process by obtaining the Grant of Probate on your behalf.

How much does this service cost?

TOTAL: fixed fee of £600 (incl. VAT).

This includes: obtaining the grant and you are responsible for dealing with collecting the and distributing the assets

Breakdown of costs:

Legal fees £500

VAT on legal fees £100

Disbursements:

  • Probate court fee of £155.
  • £7 Swearing of the oath (per executor) (where applicable)
  • Official Copies of the Grant of Probate (usually one per asset) £1.50 each
  • Special delivery postage £3.23

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.