Transparency and Pricing information about our private client services

Our approach to fees

Our fees will be priced according to the level of service you require. We will give you clear guidance on fees at the outset and we will only update our original quotation if, during the estate administration, it becomes necessary to carry out further work on your behalf. 

You can find information below on the estimated cost of dealing with your case assuming that the work is within our standard scope of work. VAT will apply to these fees.

Applying for the Grant only

Our fixed fees are based on drafting the application using the information that you provide to us. This assumes that the Personal Representatives will provide us with the information we require to complete the application. If any further investigative work is required, we can assist you with this and give you clear guidance on the additional fees involved. 

Excepted estates  

In most cases these can be prepared on a fixed fee basis of:

£850 where the estate is under £325,000 and it is not necessary to apply for the transferable nil rate band allowance.

£1,000 where the estate is under £650,000 and it is necessary to apply for the transferable nil rate band allowance.

The transferable nil rate band allowance can be claimed if one spouse who predeceases the other leaves their entire estate to the remaining spouse. 

Non-taxable estates 

In most cases, these can be prepared on a fixed fee basis of £2,000.

Taxable estates 

In most cases, these can be prepared on a fixed fee basis of between £2,000 - £3,000. 

Disbursements not included in the fees

Disbursements are costs that are related to your matter and payable to third parties and usually include: 

Probate application fee of £155 (VAT is not applicable) plus 50p per sealed copy.  Fees may rise in April 2019 and we can provide details of the new fees at our initial meeting, if applicable.

Other disbursements may be applicable depending on the circumstances, for example advertisements for creditors – usually in the region of £250.

How long will this take? 

Typically 4 - 6 weeks to obtain a Grant for an excepted estate and between 7 - 10 weeks for taxable and non-taxable estates if you provide us with accurate values for the assets and liabilities of the estate at the initial meeting. Time periods can vary because we rely on third parties during the application process (for example HMRC to settle the inheritance tax). 

Full estate administration (non-taxable estates) 

Our fees will depend on the circumstances in each individual matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range.  If there are multiple beneficiaries, a property and multiple bank accounts and investments, costs will be at the higher end.

We will handle the complete administration for you.  Before we begin, we will give you clarity on costs, explaining the work that will be covered. 

We anticipate this will take between 8 - 20 hours’ work.  We estimate that the total cost will be between £2,000 - £4,000. The hourly rate of the person dealing with your matter will depend on their experience.

This fee example is for estates where:

  • There is a valid Will and no complications are likely to arise in proving this at the Probate Registry. 
  • There is only one property.  (Our probate fees do not include conveyancing fees to sell the property.)
  • There are no more than six bank or building society accounts. 
  • There are no other cash assets or investments. 
  • All the assets are in the UK. 
  • There are between one and five beneficiaries. There are no disputes between beneficiaries regarding the division of assets. 
  • 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. 

Disbursements not included in this fee:

  • Probate application fee of £155 (VAT not applicable) which may increase in April 2019.

Potential additional costs: 

  • If there is no Will, or if the estate consists of any share holdings (stocks and bonds), more than six bank or building society accounts or additional assets, there are 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 we are the executors and therefore have to register the death and make the funeral arrangements, visit the property and sort through paperwork, deal with personal chattels and the clearance of the property, the additional costs could vary significantly. 
  • If any additional copies of the Grant are required, they will cost 50p (VAT not applicable).  One per asset is usually required. 
  • Dealing with the sale or transfer of any property in the estate is not included.  
  • Any tax issues that may arise, are not included. 

How long will this take? 

On average, estates that fall within this range are dealt with within 6 months. Typically, obtaining the Grant of Probate takes between 6 - 10 weeks. Liquidating assets then follows, which can take up to the remainder of the time estimate. Once this has been done, we can distribute the assets, which normally takes between 1 - 2 weeks and provide Estate Accounts for the executors and beneficiaries. 

As part of our fee we will:

  • Provide you with a dedicated and experienced Probate fee earner to work on 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. 
  • Complete the Probate Application and the relevant HMRC forms. 
  • Draft a Statement of Truth for you to swear. 
  • Make the application to the Probate Court on your behalf. 
  • Obtain the Probate and sealed office copies. 
  • Collect all assets in the estate. 
  • Settle any liabilities and make payments of cash legacies and personal items. 
  • Distribute the estate to the residuary beneficiaries.

Full estate administration (taxable estates)

We will deal with all the matters referred to above for non-taxable estates but, in addition, will submit Form IHT400 and schedules to HMRC with accompanying valuations. We will arrange the payment of Inheritance Tax, taking account of any lifetime giving and exemptions and reliefs.  We will deal with any queries raised by HMRC and check IHT calculations.  We will obtain a clearance letter from HMRC.  

We estimate that the administration will take between 20 - 40 hours.

Our fees for dealing with the administration of a taxable estate will be in the region of £4,000 - £10,000.

How long will this take?

We would expect to obtain the Grant within 10 weeks and liquidate the assets in the next 4 - 6 weeks.  However, HMRC will not usually issue a Clearance letter within a year, although interim payments can be made to beneficiaries during the administration. 

Who will work on my matter? 

See the link below for details of who may work on your matter. Our fee earners are very experienced and specialise in Private Client matters.  

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