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Wills & Probate Costs Information

Fixed Fee Probate

Non Taxable Estates
Fixed Fee Probate
£1,500

PLUS VAT & DISBURSEMENTS

  • We can offer fixed fee costs in the following circumstance
    If the estate is uncontested, non-taxable, all assets are in the UK and a full inheritance tax account is not required, we can obtain the Grant of Representation on behalf of the Personal Representatives for a fixed fee of £1,500 plus VAT and disbursements. We refer to this as “Grant only” applications.

    Disbursements are costs related to the matter which are payable to third parties, such as:-

    Probate Court fee – £155 plus £1.50 for each sealed copy required

  • What will we do for your Fixed Fee Service?
    Subject to full disclosure by you of the assets of the estate, draft the HMRC return of estate information form (IHT205);
    If applicable, from information supplied by you, draft the HMRC claim to transfer unused nil rate band for excepted estate form (IHT217);
    Draft the Oath for Executors/Administrators;
    Submit the application for the Grant to the Probate Registry;
    Receive the Grant on your behalf;
    Provide you with the Grant and any sealed copies;

Hourly Rate

Non Taxable Estates
  • Further Information
    Some Personal Representatives prefer us to deal with the complete administration of the estate, and on those occasions we will not be able to provide a fixed fee quotation.

    If the estate is uncontested, non-taxable, all assets are in the UK and a full inheritance tax account is not required, then we anticipate that the administration of the estate will take between 15 and 25 hours’ worth of work at our hourly rate which vary depending on the qualifications and experience of the individual fee earner.

    Please see below for a list of fee earners in our Probate teams and their hourly rates.

    The exact costs will depend on the individual circumstances of the matter, and the amount of assistance required by the Personal Representatives.

  • The range of hours set out above is for estate where:-
    There is no more than one property;
    There are no more than 5 bank accounts;
    There are no more than 5 beneficiaries;
    All assets are held in the UK;
    There is no inheritance tax payable and the Personal Representatives do not need to submit a full inheritance tax account to HMRC;
    There are no disputes between beneficiaries.
    There are no claims against the estate;
  • We will handle the whole process for you which includes:-
    Advise you of your duties and responsibilities as Personal Representative;
    Subject to full disclosure by you ascertain all the assets and liabilities of the estate;
    Deal with the application for Probate/Letters of Administration and the preparation of all relevant papers;
    Deal with the preparation of the HMRC return of estate information form and (if applicable) HMRC claim to transfer unused nil rate band for excepted estate (IHT217);
    Deal with the registering of the Grant and encashing or transferring all assets as required;
    Deal with the payment of any legacies and the interim distributions to the residuary beneficiaries;
    Arrange for all Income Tax matters in connection with the deceased’s tax affairs to the date of death to be dealt with and the tax affairs relating to the administration of the estate (but excluding any advice relating to Capital Gains Tax which may need to be sought from others who are suitably qualified in this specialism);
    Deal with the preparation of the estate accounts;
    Deal with the final distributions to the residuary beneficiaries.

Hourly Rate

Taxable Estates
  • Further Information
    If the estate is uncontested, all the assets are in the UK and a full inheritance tax account must be submitted to HMRC then our charges will be based on an hourly rate depending on the experience and qualification of the individual fee earner, plus a value element of 1% of the gross value of the estate (excluding the value of the deceased’s property) and 0.5% of the value of the deceased’s property to reflect the importance of the matter and the responsibility of the firm.

    We anticipate that the administration of the estate will take between 20 to 40 hours’ worth of work at our hourly rate which vary depending on the qualifications and experience of the individual fee earner.

    Please see below for a list of fee earners in our Probate teams and their hourly rates.

    The exact costs will depend on the individual circumstances of the matter, and the amount of assistance required by the Personal Representatives.

  • We will handle the whole process for you which includes:-
    Advising you of your duties and responsibilities as Personal Representative;

    Subject to full disclosure by you ascertain all the assets and liabilities of the estate including ascertaining details of any gifts made in the deceased’s lifetime and interests in any trusts.

    Deal with the application for Probate/Letters of Administration and the preparation of all relevant papers.

    Deal with the preparation of the HM Revenue & Customs Account and, if applicable, all matters relating to the Inheritance Tax liability of the estate. To include an application for a transferrable nil-rate band, residence nil-rate band and transferrable residence nil-rate band.

    Deal with the registering of the Grant and encashing or transferring all assets as required.

    Deal with the payment of any legacies and the interim distributions to the residuary beneficiaries.

    Arrange for all Income Tax matters in connection with the deceased’s tax affairs to the date of death to be dealt with and the tax affairs relating to the administration of the estate (but excluding any advice relating to Capital Gains Tax which may need to be sought from others who are suitably qualified in this specialism).

    Deal with the preparation of the estate accounts.

    Deal with the final distributions to the residuary beneficiaries.

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