Probate Fees

Applying for the grant, collecting and distributing the assets

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.

The exact cost will depend on the individual circumstances of the matter.

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 4 bank or building society accounts
  • There are no other intangible assets
  • There are 1-4 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

How much does this service cost?

Fee based on 0.5% of the gross real Property value and 2% of the remaining value of the Gross Estate (as calculated for IHT purposes) plus VAT (a minimum fee of £1250 plus VAT will apply to all estates)

As an example, if the property value in the estate is £200,000 and there is £50,000 worth of other assets then our fee would be £2,000 plus VAT of £400 plus disbursements (see below).

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

Disbursements:

  • Probate Court fee of £160.00. (However, Probate fees may be increased)
  • Bankruptcy-only Land Charges Department searches (£2 per beneficiary).
  • £101.52 (£84.60 plus VAT) Post in The London Gazette – Protects against unexpected claims from unknown creditors.
  • Post in a Local Newspaper – approximately £275 including VAT – This also helps to protect against unexpected claims.

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 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 (1 per asset usually).
  • Dealing with the sale or transfer of any property in the estate is not included.
  • Accountants fees
  • Surveyors fees
  • Valuers fees
  • Deed of Variation
  • Deed of Appropriation
  • Administration or Winding up of any Trusts

As part of our fixed fee we will:

  • Provide you with a qualified, dedicated and experienced probate solicitor (or other legally qualified professional) to manage 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
  • Calculate the IHT and Prepare the relevant Inheritance Tax Returns for submission to HMRC
  • Prepare the Probate Application
  • Make the application to the Probate Court on your behalf
  • Obtain the Grant of Probate
  • Collect and distribute all assets in the estate

On average, non-taxable estates are dealt with within 6-12 months. Typically, obtaining the grant of probate takes 12-26 weeks. Collecting assets then follows, which can take between 2-8 weeks. Once this has been done, we can distribute the assets, which normally takes 2-12 weeks.

For further information or to speak to one of our experts, please contact us.