We can help you through this difficult process by obtaining the Grant of Probate on your behalf. We can also undertake the collecting and distributing of assets.
We are transparent about our fees and will give our best estimate at the outset and throughout the case, so that you can remain in control of the funding.
Applying for the grant, collecting and distributing the assets
Our charges are based on the number of hours it takes to complete.
We anticipate this will take between 10 to 15 hours work at the hourly rate of £175 + VAT (£210 inclusive of VAT). Total costs estimated at £1,750 to £2,625 + VAT
As part of our service we: –
- 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 legal oath for you to swear
- Make the application to the Probate Court on your behalf
- Obtain the Probate and securely send two copies to you
- Collect and distribute all assets in the estate
- Transfer any joint property to the surviving co-owner
The exact number of hours depends on the individual circumstances of the 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, costs will be at the higher end.
Factors which may increase the number of hours and the costs are set out below and we can give you a more accurate quote once we have more information: –
- Where there is no valid will
- There is more than one property and valuations are required
- There are more than 3 bank or building society accounts
- The estate consists of any share holdings (stocks and bonds)
- There are beneficiaries outside the UK
- There are disputes between beneficiaries on division of assets.
- The estate is over the inheritance tax threshold and a full account is required for the HMRC
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. Examples of these are:
- Certified copy death certificate from the Registrar of £10 (if required)
- Probate application fee of £155
- From £7 to £10 Swearing of the oath (per executor)
- Bankruptcy-only Land Charges Department searches (£1 per beneficiary)
- £104.52 Post in The London Gazette – Protects against unexpected claims from unknown creditors.
- Additional copies of the grant, if required, will cost £0.50 each (1 per asset usually).
What is not covered: –
- Dealing with the sale or transfer of any property in the estate (which was in the deceased sole name)
- Collecting and distributing assets held outside England & Wales