Probate Fees
| PROFESSIONAL CHARGES | % |
| Personal Estate | 2% of the gross value of the Estate (excluding any property) plus VAT |
| Personal Residence | 2% of gross value 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;
- there is no inheritance tax payable and the executors do not need to submit a full account to HMRC or there is IHT payable, a return is needed and it can be funded from one account pre application for the grant; and
- there are no claims made against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975
| POTENTIAL ADDITIONAL COSTS | TOTAL | TOTAL (INC VAT) |
| 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
| DISBURSEMENTS* | TOTAL | TOTAL (INC VAT) |
| Probate application fee (if the estate is over £5,000) | £300.00 | £300.00 |
| Bankruptcy searches (per beneficiary per distribution) | £2.00 | £2.40 |
| Land Registry Copy Entries (per property document) | £3.00 | £3.60 |
| 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) | £1.50 | £1.50 |
| 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.
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