Our Cost Information
Probate Fees
Where an Inheritance Tax account is required for submission to HMRC:
| Professional Charges | % |
|---|---|
| Personal Estate | 2% of the gross value of the Estate plus VAT, subject to a minimum fee of £5,000 plus VAT |
The above charges are for where:
- there is a valid will or there is a simple Intestacy situation;
- there is no more than one property;
- there are no more than a maximum of 10 bank or building society accounts or life policies not in trust;
- there are no more than 6 separate shareholdings registered in the deceased’s name and not in a nominee arrangement;
- there are no other intangible assets such as royalties or other intellectual property assets;
- there are no more than six beneficiaries whose address details are known as at the date of death from the deceased’s papers being accurate;
- there are no disputes between beneficiaries on the division of assets. If disputes arise this is likely to lead to an increase in costs and we shall immediately requote;
- inheritance tax is payable or the executors do need to submit a full account to HMRC and IHT can be funded from the Estate pre application of the grant;
- there are no claims made against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975; and
- there are no exceptional circumstances; if any such circumstances have been disclosed or arises, we will provide a revised cost estimate for your consideration and approval
Where an Inheritance Tax Account is not required:
| Professional Charges | % |
|---|---|
| Personal Estate | 1.5% of the gross value of the Estate plus VAT, subject to a minimum fee of £4,000 plus VAT |
The above charges are for where:
- there is a valid will or there is a simple Intestacy situation;
- there is no more than one property;
- there are no more than a maximum of 10 bank or building society accounts or life policies not in trust;
- there are no more than 6 separate shareholdings registered in the deceased’s name and not in a nominee arrangement
- there are no other intangible assets such as royalties or other intellectual property assets;
- there are no more than six beneficiaries whose address details are known as at the date of death from the deceased’s papers being accurate;
- there are no disputes between beneficiaries on the division of assets. If disputes arise this is likely to lead to an increase in costs and we shall immediately requote;
- inheritance tax is not payable or the executors do need to submit a full account to HMRC;
- there are no claims made against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975; and
- there are no exceptional circumstances; if any such circumstances have been disclosed or arises, we will provide a revised cost estimate for your consideration and approval
Grant only services:
Where an Inheritance Tax account is required for submission to HMRC:
| Professional Charges | Fixed fee |
|---|---|
| Personal Estate | 1% of the gross value of the Estate plus VAT, subject to a minimum fee of £2,750 plus VAT |
The above charges are for where:
- there is a valid will or there is a simple Intestacy situation;
- there is no more than one property;
- there are no more than a maximum of 10 bank or building society accounts or life policies not in trust;
- there are no more than 6 separate shareholdings registered in the deceased’s name and not in a nominee arrangement;
- there are no other intangible assets such as royalties or other intellectual property assets;
- inheritance tax is payable or the executors do need to submit a full account to HMRC and IHT can be funded from the Estate pre application of the grant;
- there are no claims made against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975; and
- there are no exceptional circumstances; if any such circumstances have been disclosed or arises, we will provide a revised cost estimate for your consideration and approval
Where an Inheritance Tax account is not required:
| Professional Charges | Fixed fee |
|---|---|
| Personal Estate | £2,000 plus VAT |
The above charges are for where:
- there is a valid will or there is a simple Intestacy situation;
- there is no more than one property;
- there are no more than a maximum of 10 bank or building society accounts or life policies not in trust;
- there are no more than 6 separate shareholdings registered in the deceased’s name and not in a nominee arrangement;
- there are no other intangible assets such as royalties or other intellectual property assets;
- inheritance tax is not payable or the executors do not need to submit a full account to HMRC;
- there are no claims made against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975; and
- there are no exceptional circumstances; if any such circumstances have been disclosed or arises, we will provide a revised cost estimate for your consideration and approval
| Potential Additional Costs | Total | Fixed fee |
|---|---|---|
| Where there is no will or no simple Intestacy situation exists and the estate consists of shareholdings in excess of that discussed above (stocks and bonds)* | TBA | TBA |
*If there is no will or the estate consists of any shareholdings (stocks and bonds) there is 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.
*Please note that there will be a minimum fee charged of £2,500 plus VAT
| Potential Additional Costs* | Total | Total (inc. VAT) |
|---|---|---|
| Probate application fee (if the estate is over £5,000) | £300.00 | £300.00 |
| Bankruptcy searches (per beneficiary per distribution) | £6.00 | £7.20 |
| Land Registry Copy Entries (per property document) | £7.00 | £8.40 |
| Overseas Beneficiary Bankruptcy Searches | Price upon application | |
| Post in the London Gazette (protects against unexpected claims from unknown creditors) | £75.00-£90.00 | £90.00-£108.00 |
| Post in a Local Newspaper (protects against unexpected claims from unknown creditors) | Price upon application | |
| Estate Search for Assets (if required) | £165.00-195.00 | £198.00-£234.00 |
| Additional copies of the Grant (usually 1 per asset) | £16.00 | £0.00 |
| Credas Electronic Identity Check fee (per person) | £5.00-£7.50 | £6.00-£9.00 |
| Professional Valuations of Property/Shares | Price upon application | |
| Conveyance Costs in relation to sale or Transfer | Price upon application | |
| Deeds of Variation of Will/Intestacy Provision | Price upon application |
* This list is not exhaustive and some of the fees may vary depending on the estate and the location e.g. it may be necessary to get an expert valuation of any property or stocks and shares. We will confirm the disbursements and fees with you upon receipt of all the paperwork and documentation.
Our Fees
For other fees, please contact our team who will provide a tailored quote for your legal matter.