Estimates for probate fees

Each and every case is unique. The information below acts as a guide to our fees. We do encourage you to arrange an appointment so that you can discuss your personal circumstances with one of our solicitors.

Please call 01223 202345 to make an appointment.

(A) Fixed fees – Applying for the grant only

We can help you through this difficult process by obtaining the Grant of Probate on your behalf. This is applicable when the estate is not claiming additional tax allowances, IHT205 forms are appropriate, the estate is less than £1m and no inheritance tax is payable.

This fixed fee is dependent on you gathering and supplying all information necessary for us to apply for the Grant. You will also deal with collecting the assets, paying liabilities and distribution of the estate. It usually takes about 2 months to obtain a Grant once you have supplied us with all the necessary information.

How much does this service cost?

TOTAL: £1,600 plus VAT

This includes: obtaining the Grant, only.

Breakdown of costs:

Legal fees £1,600

VAT on legal fees £320

Disbursements (£165 in total):

  • Probate court fee of £158
  • £7 Swearing of the oath (per executor).

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

 

(B) Applying for the Grant of Probate, collecting and distributing the assets

Typical case: Death of second person involved in a marriage or civil partnership. Gross estate is less than £1 million, including a house and no more than 4 bank accounts. There is a valid Will naming no more than 3 beneficiaries. There are no inheritance tax complications.

We anticipate this will take between 35 – 40 hours work. Total costs estimated at £7,000 – £9,000 plus VAT. Hourly rates range from £195 plus VAT – £240 plus VAT for the solicitors in the team.

The exact cost will depend on the individual circumstances of the matter. For example, if there is only 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 estimate is for estates where:

  • There is a valid Will
  • There is no more than one property
  • There are no more than 4 bank or building society accounts
  • There are no other intangible assets
  • There are no more than 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
  • We advise you on the inheritance tax position and the appropriate forms to use. Inheritance tax is usually payable where the value of the estate exceeds £325,000 but there are various exemptions available to reduce the tax burden, For instance the transferrable nil rate band in the case of a spouse or civil partner.
  • There are no claims made against the estate

Disbursements in addition in this fee:

  • Probate application fee of £158
  • £7 Swearing of the oath (per executor)
  • Bankruptcy-only Land Charges Department searches (£2 per beneficiary)
  • £150-250 (+VAT) Post in The London Gazette/ local newspaper– protects against unexpected claims from unknown creditors
  • £114 (+VAT) Certainty Will search

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.

Potential additional costs

  • If there is no will or the estate includes 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. If income tax or capital gains tax is payable, this will also affect the estimate. We can give you a more accurate estimate once we have more information and we have met with you personally.
  • If any additional copies of the Grant are required, they will cost £0.5 (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 12 to 18 months, although interim payments will be made from the estate once we have sold assets and/or closed accounts.

Typically, obtaining the Grant of Probate takes 10 to 20 weeks, depending on how long it takes to gather the necessary information and the inheritance tax position. Collecting assets then follows, which can take between 6 to 12 weeks, depending on the nature of the assets. Once this has been done, we can distribute the assets, which normally takes 3 to 4 weeks. We must then wait for final tax clearance.