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 often 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, the Will is invalid, or it does not specify Executor, 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 a clear time frame of how long probate should take and will keep you and any beneficiaries advised throughout.

Our fees are generally paid out of the estate, so there is usually no need for you to fund the administration.

We are proud to hold the Lexcel accreditation, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.

Pricing

For most straightforward cases, we are able to offer two fixed fee services:

Fixed Fee – Full Administration

£3,000 plus VAT of £600 (£3,600) if no inheritance tax is payable

£3,500 plus VAT of £700 (£4,200) if inheritance tax is payable

For this fee we will undertake all of the work necessary to administer the estate i.e. 

  • 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
  • Obtain relevant documents required to make the application
  • 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 two copies to you
  • Collect and distribute all assets in the estate
  • Contact all the relevant financial institutions on your behalf to obtain the date of death information required for probate
  • prepare the tax forms and oath required for probate
  • settle the debts
  • collect in the estate funds once probate has been granted
  • prepare estate accounts setting out all estate monies received and paid out

The Fixed fee does not include dealing with the sale or transfer of any probate property.  We can provide you with a separate quote for that work if required.

Fixed Fee – Grant of Probate only

£1,500 plus VAT of £300 (£1,800) if no inheritance tax is payable

£2,000 plus VAT of £400 (£2,400) if inheritance tax is payable

For this fee we will undertake all of the work necessary to obtain the grant of probate i.e. 

  • 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 two copies to you

You as the Executors/Administrators would need to liaise with the financial institutions to obtain the information required for probate.  We would then use this to prepare the tax forms and oath for probate.  Once probate is obtained our retainer would end and you would then deal with collecting the estate assets, settling the debts and distributing the estate.

These costs do not include dealing with the sale or transfer of any probate property.  We can provide you with a separate quote for that work if required.

Exceptions

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.

If any of the following factors apply in your case then it is likely that there will be costs in addition to the fixed fee:

  • There is no valid Will
  • There is more than one property
  • There are business assets or other complex assets
  • There is a dispute regarding the estate
  • There are missing or unknown beneficiaries
  • A full IHT account is required
  • A Capital Gains Tax liability arises

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

Disbursements

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

  1. Probate Application Fee - £160.00 approximately
  2. Land Registry fee - £3 per property
  3. Swear fee - £5-7.00 approx. per executor/administrator
  4. Will Search - (where there is no Will or there may be a newer Will) £100 approx.
  5. Statutory Notices - (to protect against unexpected claims) £200 approx.

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 do not believe that it would be sensible to attempt to provide at this stage 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

Time Scales

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. 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