Prices/Costs Information - Uncontested Probate or Intestacy

The Solicitors Regulation Authority Transparency Rules require us to publish costs information relating to certain areas of work. The areas of work relevant to this firm which require the publication of costs information on our website are:

In Relation to Services to Individuals

  • Residential Conveyancing i.e. the sale or purchase of freehold or leasehold properties to include mortgages or re-mortgages
  • Uncontested Probate or Intestacy

and

In Relation to Services to Businesses

  • Debt Recovery up to the value of £100,000.00

Whilst not being required to do so, we also publish below our pricing structure for Wills and Lasting Powers of Attorney

Please note that all other legal matters will be charged either on an hourly rate, a fixed fee or a percentage fee depending upon the nature of the transaction and the status of the fee earner carrying out the work. We will be happy to provide a costs estimate following an initial discussion. Please telephone 01242 237477, complete the online enquiry form or e-mail our legal team direct – see “Our Team” page.

 

Probate/Intestacy

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.

As part of our 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
  • Collect and distribute all assets in the estate

 

Applying for the grant, collecting and distributing the assets

We anticipate this will take between 5 and 15 hours work at £325.00 per hour. Total solicitor costs estimated at between £2,500.00 - £5,000.00 (plus VAT of £500.00 - £1,000.00)

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 only for estates where:

  • There is a valid will or a simple intestacy
  • There is no more than one property
  • There are no more than 6 bank or building society accounts
  • There are no other intangible assets
  • There are no more than 10 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. See website https://www.gov.uk/inheritance-tax
  • There are no claims made against the estate

Disbursements not included in this fee:

  • Probate application fee of £155.00
  • £7.00 Swearing of the oath (per executor)
  • Bankruptcy searches (£2.00 per beneficiary)
  • £250.00 – £300.00 (approximately) posts in The London Gazette and in a local newspaper. These protect the executors from claims by creditors or under the Inheritance (Provision for Family & Dependants) Act 1975.

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. Please note that disbursements are subject to periodic change beyond our control.

Potential additional costs

  • If the estate does not fall within the “conditions above” our charges will be at the rate of £325.00 per hour
  • If 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 50p (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 the price rage given above are dealt with within 6 - 12 months. Typically, obtaining the grant of probate takes 12 - 15 weeks. Collecting assets then follows, which can take between 4 - 12 weeks. Once this has been done, we can distribute the assets, which normally takes 4 - 6 weeks. However, we may advise the executor to postpone distribution for 6 – 10 months from the date of the grant of probate in order to be protected from any claims under the Inheritance (Provision for Family and Dependants) Act 1975.

Estates that are subject to Inheritance Tax or with complicated financial assets will take longer to administer.

 

Wills/Lasting Powers of Attorney

 

Our Costs

(£)

VAT

(£)

Total

(£)

WILLS

 

 

 

One simple Will

350.00

70.00

420.00

Two simple mirror Wills

595.00

119.00

714.00

One Will (extra provisions)

500.00

100.00

600.00

Two mirror Wills (extra provisions)

750.00

150.00

900.00

 

 

 

 

LASTING POWERS OF ATTORNEY

 

 

 

One Property & Finance Only

450.00

90.00

540.00

One  Health & Welfare Only

450.00

90.00

540.00

One Property & Finance plus one Health & Welfare

800.00

160.00

960.00

Two (mirror) Property & Finance only

800.00

160.00

960.00

Two (mirror) Health & Welfare only

800.00

160.00

960.00

Four (mirror) Property & Finance plus Health & Welfare

1,500.00

300.00

1,800.00