We aim to make our pricing as transparent as possible. We strive to achieve this by providing Personal Representatives of an estate with all inclusive fixed costs for our Probate services, rather than charging hourly rates or complex percentage rates based on multiple variables.
|Grant of Probate/Grant of Letters of Administration only||Fee|
Executors/Administrators can then deal with the administration of the estate after we have obtained the Grant for them
|£495 + VAT *|
|Dealing with entire estate (obtaining Grant, collecting in assets and distributing to beneficiaries)|
|If the estate is under £325,000 and no Inheritance Tax is payable:|
|Basic price range|
|Estate up to 4 accounts||£1,000 + VAT *|
|Estate from 4 up to 10 accounts||£1,500 + VAT *|
|Additional costs relating to the administration of the estate|
If there is no Will there will be an additional charge in relation to the increased complexity
|£300 + VAT|
|Additional costs in relation to Professional Executorship|
|If Lay Executor and Professional Executor appointed and if the estate is under £325,000 and no Inheritance Tax is payable||1% of the estate value plus VAT|
|If Lay Executor and Professional Executor appointed and if the estate is over £325,000 and Inheritance Tax is payable||0.75% of the estate value + VAT|
|If Professional Executors are appointed and if the estate is under £325,000 and no Inheritance Tax is payable||4% of the estate value + VAT|
|If Professional Executors are appointed and if the estate is under £325,000 and Inheritance Tax is payable||2% of the estate value + VAT|
|Banded fee scale in relation to number of share holdings/stock|
|Additional fee as follows:|
|1 to 3 share holdings||£100 + VAT|
|3 to 5 share holdings||£250 + VAT|
|6 plus share holdings||£300 + VAT|
|Banded fee scale in relation to number of beneficiaries|
Additional fee as follows:
|3 to 5 beneficiaries||£100 + VAT|
|6 plus beneficiaries||£250 + VAT|
- Probate Court fee of £45
- £1 for each Office Copy of the Grant required (1 per asset usually)
- Other disbursements will be advised as required, e.g. accountant’s fee for potential Income Tax return, Statutory Advertisement fee to advertise for unknown creditors, asset tracing fee
- There may be additional disbursements for lost share certificates and share registrar and/or sale agent fees on transfer or sale of the shares.
Additional costs not related to the administration of the estate
Sales of property will incur additional fees and a quote can be provided by our conveyancing department.
If we are executors or co-executors under a Will, we are responsible for marketing and selling the property and agreeing the sale price. The above fee scale may be subject to amendment in respect of estates where we are appointed as Executors in the Will.
Transfers of property (into the names of beneficiaries for example) will incur additional fees for which a quote can be provided should this be required.
Estate over £325,000 and Inheritance Tax payable
We will provide a fixed quote once we have obtained all relevant information about the estate from the Personal Representative and been able to assess the value and complexity of the estate.
Our fixed fee quotes are subject to alteration if there is a material change of information on the details given to us following the quote being initially provided.
If there are over 10 bank accounts in the estate the service will be provided at an hourly rate.
Our probate solicitors aim where possible to give you a fixed price so you know up front what the cost is. For further price information or to instruct us please use our probate calculator.