Corporate Law

Probate Pricing

We pride ourselves on being transparent with our pricing.

Our Fees

Our experts can help you to navigate the process of obtaining a Grant of Probate. Further we undertake the collecting and distributing of assets of the deceased.

Total: fixed fee of 1.5% plus VAT of the estate value.

This includes: obtaining the grant, collecting assets and distributing them. See section below on what is reasonably expected as part of the fee.

Disbursements

  • Probate court fee of £155.
  • £15 Swearing of the oath (per executor).
  • Bankruptcy-only Land Charges Department searches (£3 per beneficiary).
  • £70 Post in The London Gazette – Protects against unexpected claims from unknown creditors.
  • £100 Post in a Local Newspaper – 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.

What services are included in the fee?

As part of our fixed fee we include the following services:

  • Take you, as an executor/administrator, through the legal meaning of the deceased’s Will;
  • Apply for the Grant of Probate or Letters of Administration;
  • Complete the Inheritance Tax forms
  • Complete the Probate Application
  • Send to the Probate Registry
    • Help you swear an oath that the accounts are accurate
  • Write letters to all involved to close accounts, such as banks and utilities companies;
  • Collect the estate amount;
  • Pay any debts outstanding, such as mortgages, loans and credit cards;
  • Claim any insurance policies taken out by the deceased;
  • Make final valuation of the estate less of taxes and debts;
  • Establish any Will Trusts setup in the Will through relevant appointments; and
  • Distribute the assets to the beneficiaries.

Time Scales

On average, estates are dealt with within 6-18 months. Typically, obtaining the grant of probate takes 6-20 weeks. Collecting assets then follows, which can take between 6-20 weeks.

What is VAT and when is it due?

VAT is chargeable if it meets the following criteria, it must:

  1. be a supply of goods or  services
  2. be a taxable
  3. take place in the UK
  4. be sold by a VAT registered person, and
  5. be made through business activity.

VAT is applicable at the standard rate, 20%, on our services should the criteria be met. If VAT is due on any disbursements we will inform you prior to agreeing the fee.