Basis of our charges for uncontested Probate
The affairs of a deceased person vary considerably depending upon the size and complexity of their estate. As such we charge clients an hourly rate to administer the estate rather than a fixed fee quote. Our hourly rate is £375.00 plus VAT in addition to which there are other third-party charges. (see below)
A simple administration is found where an individual has died leaving a valid will, with one beneficiary and there are no assets which require to be transferred by legal deed. A more complicated estate will include multiple beneficiaries and with multiple assets in the UK. A guide to elements included in a more complicated estate would be where Inheritance tax is payable, there may be business assets or properties that need transferring. Upon receipt of information surrounding the estate we will be in a position to provide you with an indication of likely costs.
Third Party Costs (in addition to our fees)
Probate Application fee £155 plus cost of additional Office Copies. There is no VAT.
Oath fee of £5 plus £2 per exhibit such as the Will.
Bankruptcy only searches at Land Charges Department which is £2 per search. There is no VAT.
Section 27 of the Trustee Act 1925 Notice fees which vary between £100 – £250 plus VAT.
Matters not included.
Where there are asset transfer fees and costs, these are not included within our fee estimate and will be quoted separately:
Sale and transfer of land and property.
Separate Tax Advice from within our Firm