Probate Pricing

Thank you for looking at our probate services. Coping with the death of a person can bring a mixture of emotions and the legal side of dealing with a person’s death can be overwhelming and confusing. Having compassionate, experienced legal advice can make this difficult situation much easier on you and your loved ones.

Whether the deceased person left a Will or whether there is substantial wealth and property involved, the sense of burden can increase. Where a Will is in existence the Executors will need to apply for the grant of probate which will give them the legal right to administer the estate. Where there is no Will in existence, an Administrator will need to be appointed.

Why Us

We have an experienced team who can assist you with every aspect of the probate process, reducing the administrative burden and advising sensitively on key decisions which need to be made when managing an estate. We are aware that administering an estate comes at a time of grief and high emotion, and that most people do not know the processes and legal requirements involved.

We will give you the clearest time frame we can as to how long probate should take and will keep you and any beneficiaries advised throughout.  Sometimes dealing with external agencies prolongs the process and this is outside of our control, but we will keep you informed at all times.

You will have the confidence that you are our priority, with our aim being that any member of the team is available to speak with you when you need clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. Fees are generally paid out of the estate, so there may not be a need for you to fund the administration.

Pricing

The fees involved in a probate matter can vary and this will depend on the individual circumstances involved.

We offer both fixed fees and an hourly rate charging rate, whereby you will be charged for each hour of work undertaken. Unlike some other solicitors, we will not base our charge on a percentage of the estate.

The overall cost varies according to the complexity of the estate and the nature of the will. 

Range of Costs With Fixed Fee For Additional Work

Our fees will range between £600.00 to £34,000.00 plus VAT and disbursements according to the complexity of the estate, the nature of the Will and individual circumstances.

The range of fees will depend on issues such as the number of beneficiaries and whether the estate includes any property. Probate fees will also typically increase depending on whether there are multiple bank accounts, shares and based on the number and value of any property.

It is important that you contact us for a fully tailored quote.

Hourly Rate example

We will handle the full process for you and this estimate is for an example estate where there is:

  • A valid Will
  • One property
  • 5 bank accounts
  • No Inheritance Tax to pay
  • 2 beneficiaries (all adults with capacity)
  • No disputes
  • No trusts
  • No claims against the estate

This example is for illustration only and will not apply to more complicated estates.

Item

Amount

VAT

Subtotal

Legal Fees for Estate administration

 £3,500-£4,000

£700-£800

£4,200-£4,800

In addition, the following may be payable:-

Item

Amount

VAT

Subtotal

Probate Court fee (including 10 sealed copies of the Grant)

£160.00

£0.00

£160.00

Swear fees (per person)

£5.00

£0.00

£5.00

Swear fees (per document, i.e. the Will and however many codicils there may be)

£2.00

£0.00

£2.00

Land Registry fees (per property)

£6.00

£0.00

£6.00

Bankruptcy Search fee (per beneficiary)

£2.00

£0.00

£2.00

Post in the Local Newspaper (estimated)

£70.00

£14.00

£84.00

Post in the London Gazette

£75.00

£15.00

£90.00

Financial assets search

£135.00

£27.00

£162.00

Fixed Fee

We can help you through this difficult process by obtaining the Grant of Probate on your behalf. For the fixed fee we will:

  • Provide you with a dedicated and experienced Probate solicitor to work on your matter
  • Identify the legally appointed executors, administrators and beneficiaries
  • Accurately identify the type of Probate application you will require
  • Complete the Probate Application and relevant HMRC Forms
  • Draft a Legal Oath for you to swear
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and securely send copies to you
  • Arranging to pay as much Inheritance Tax as possible to HMRC (if applicable)

Item

Amount

VAT

Subtotal

Fixed fee for obtaining the Grant if Inheritance Tax IS NOT payable

£1,000.00

£200.00

£1,200.00

Fixed fee for obtaining the Grant if Inheritance Tax IS payable

£2,000.00

£400.00

£2,400.00

In either situation there will be disbursements of:

 

 

 

Probate Court fee (including 10 sealed copies of the Grant)

£160.00

£0.00

£160.00

Swear fees (per person)

£5.00

£0.00

£5.00

Swear fees (per document, i.e. the Will and however many codicils there may be)

£2.00

£0.00

£2.00

Land Registry fees (per property)

£6.00

£0.00

£6.00

In addition, the following may be payable:-

Inheritance Tax

There are various factors that will affect any Inheritance Tax due on an estate, including the size of the estate and any measures that were put in place by the deceased to limit the estates tax liability.

We cannot provide an estimate of any tax that may be payable. We would advise you to look on the HMRC Website to calculate Inheritance Tax which may be due, the calculators can be found at: https://www.gov.uk/guidance/hmrc-tools-and-calculators#inheritance-tax-and-bereavement.

There are various factors that will affect any Inheritance Tax due on an estate, including the size of the estate and any measures that were put in place by the deceased to limit the estates tax liability.

Additional Costs

In the event that there is no Will or the estate consists of any share holdings (Stocks and Bonds), there is likely to be an additional cost that could range significantly depending on the estate and how it is to be handled. We will discuss this with you in detail and advise of any additional fees.

Additional copies of the Grant of Probate will be required, at a cost of £0.50 and we get 10 as standard and charge £160.00 for the Court fee.

The cost of selling or transferring a property is not included in this price, if you require this service, please let us know and we will provide you with an estimate in that regard.

Exclusions

Our fees are fixed and include items detailed above, however there may be factors which would typically increase the cost of the fees involved.  Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.

Additional services that will require the assistance of a third party at additional cost include:

  • Tax advice
  • Valuations for property, savings, investments or other assets

Timescales

On average, probate for the typical estate will take between 3 – 12 months. Generally, the time taken to obtain the Grant of Probate will take between 3 - 6 months, followed by the collection of assets and distribution of the assets which can take between 4 -12 months.  If there is a property to sell it can take much longer.  The range takes into account handling everything from straightforward estate through to more complex estates.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Applying for Grant of Probate
  • Obtaining Grant of Probate
  • Settling Liabilities
  • Collecting funds ready for distribution
  • Distributing funds
  • Producing Estate accounts