If you have recently suffered a bereavement our caring team can provide you with the advice and assistance you need to deal with the administration and probate of your loved one’s estate.
We can provide as much or as little assistance as you and your family need. The prices below illustrate the levels of assistance we offer.
Dealing with probate (application only)
If you would like us to prepare an IHT 205 and then submit this to the Probate Registry on your behalf, we charge £750 plus VAT. The Probate Registry will charge a further £155 plus £1.50 per office copy of the Grant.
Dealing with probate – applying for the Grant, collecting and distributing the assets – Hourly Rate
Depending on the individual circumstances of the matter, it is more likely that we will estimate our charges based on an hourly rate, particularly for more complex estates. There may be multiple beneficiaries, property and multiple bank accounts, for example.
We use hourly rates to calculate our fees. Our private client team have hourly rates that range from £140 to £295 plus VAT. We will tell you at the outset who will be carrying out the work and their particular rate. We will give you an estimate of cost based on the time we think it will take and provide regular updates to confirm that we are working to that estimate. Unlike other firms, we do not charge on a percentage of the value of the assets. Estates vary widely in terms of their size and complexity, but typically, our estimates fall within the range of £2500 to £15,000 plus VAT. The current rate of VAT is 20%.
There would also be disbursements:
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"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”. - Peter Dawes, Cater Dawes Financial Planning "
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