Our fees are based on the amount of work we have to undertake rather than the value of the Estate. For an Estate with 8 Items (or less) including a House, our Fee is £1500.00 rising to £2000.00 if Inheritance Tax has to be calculated or Exemptions are claimed to satisfy HMRC.
For an Estate with up to 16 Items including a House (No Inheritance Tax) our Fee is still £2000.00 and with Inheritance Tax to be calculated our Fee is £2750.00 For an Estate with over 20 Items and Inheritance Tax payable or exemptions claimed our Fee will be between £3500.00 and £5000.00.
These fees include the collection of all the relevant information and the preparation of documents including the transfer a house to a Beneficiary – the Land Registry will charge a fee separately – but do not include the Estate where there is a Mortgage Debt (Equity Release), or the transfer of shares or more than 5 debts. We can act for you on a Sale but that is charged for separately.
If you want to contact all the Asset Organisations and Others yourself and present us with accurate Date of Death figures, we will complete the Probate papers for a reduced Fee Where there is no Inheritance Tax to pay the Fee is £600.00. With Inheritance Tax to pay the Fee is £1200.00.
For this process, You pay the Probate Fees and Inheritance Tax (if any). On payment of Fees, the Grant will be released to you to complete the rest of the administration unless you request our further assistance for which additional fees will be payable.
All Fees quoted are exclusive of VAT chargeable at current rate. An Item means any asset or liability in the Estate. None of these fees apply if there is a dispute between Executors, beneficiaries or a claim is made against the Estate. Please telephone with details for a quote.
Other payments: Probate Application Fee £164.00. Trustee Act Notices to protect an Executor/ Administrator against unexpected claims from unknown creditors (if required) £375.00