Probate Price Guide (Uncontested)

We can help you through this difficult process by obtaining the Grant of Probate on your behalf. We will also undertake the collecting and distributing of assets. How much does this service cost?

How much does this service cost?

Estate under £325,000 - £2850.00 plus vat*

Application for a Grant of Probate - £850.00 plus vat*
Administer and Settle the Estate - £2000.00 plus vat*

 

Estate £325,001 - £500,000 - 1% of net value of estate plus vat*

 

Estate over £500,001 - 2% of net value of estate plus vat*

*Vat charged at 20%

This includes: obtaining the grant, collecting assets and distributing them.

 

Breakdown of costs:

Legal fees £2850.00

VAT on legal fees £570.00

Disbursements:

• £273.00 Probate Court fee
• £1.50 Additional Copies fee
• £10.00 Swearing of the oath (per executor).
• £2.00 + vat Bankruptcy-only Land Charges Department searches (per beneficiary).
• £75.90 – £103.60 + vat (subject to changes) Post in The London Gazette – Protects against unexpected claims from unknown creditors.
• £100.00 + vat (estimated) Post in a Local Newspaper – This also helps to protect against unexpected claims.

*Vat charged at 20%

(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 fixed fee 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 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

On average, estates that fall within this range are dealt with within 10 - 12 months. Typically, obtaining the grant of probate takes 6 – 8 weeks. Collecting assets then follows, which can take between 3 – 6 months. Once this has been done, we can distribute the assets, which normally take 6 months from the grant of probate.

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.

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 bank or building society accounts
• There are no other intangible assets
• There are 5 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

We do not deal with trust registration and certain other tax matters but will recommend you to a firm of accountants with whom we work closely with but there is no financial link between ourselves and this firm.