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Pricing Transparency

We understand that our clients do not like surprises, that they like transparency and control as to fees.  

Quality is a byword for us. Quality does not necessarily come cheap – nevertheless, we will endeavour to ensure that once we have a full appreciation of your requirements you will receive a realistic estimate.

Please see below, current pricing for our private client services in relation to the distribution of assets following death.


Probate Services: Obtaining Grant, collection and distribution of assets


Cost

Our Fees

Estimate range: £3,000 - £4,000* plus VAT based our hourly rates.

£10 plus VAT – Identity verification search (per person)

VAT is added to our costs figures, above, and is currently charged at the prevailing rate

Disbursements

  • £157 - Probate application fee
  • £7 – Swearing of the oath per executor

Or

  • £5 – Swearing of the oath per administrator where there is no will
  • £2 (plus VAT) – Bankruptcy-only Land Charges Department searches (per beneficiary)
  • £300-£450 – Advert in Newspaper (dependant on local paper charges)

Assumptions

The fee range is conditional on the below assumptions:

  • There is a valid will
  • There is no more than one property
  • There are no more than 5 bank accounts
  • There are no other intangible assets
  • The full estate is within the UK
  • There are no more than 5 beneficiaries
  • There are no disputes between beneficiaries on division of assets.
  • There is no inheritance tax payable
  • The Executors do not need to submit a full account to HMRC
  • There are no claims made against the estate

What we will do for you

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Identify the legally appointed executors or administrators and beneficiaries
  • Accurately identify the type of Probate application you will require
  • Identify the information required to make the application
  • Complete the Probate Application and the relevant HMRC forms based on the information provided by you and obtained from interested parties
  • Draft a legal oath for you to swear
  • Make the application to the Probate Court on your behalf and deal with any requisitions
  • Obtain the Grant and collect in the assets and discharge liabilities from funds received
  • Prepare final accounts and distribute

Optional Extras

  • Dealing with estates where there is no will
  • Dealing with estates that consists of any shareholdings
  • Additional copies of grant (4 will be obtained within the £157 application fee)
  • Sale or transfer of property
  • Dealing with property and/or assets outside of the UK
  • Correspondence relating to a property in the estate that is not sold within 6 months of the date of the Grant of probate
The above services are at an additional cost

On average, estates that fall within the range are dealt with within 6-8 months. Typically, obtaining the Grant of Probate takes 2-3 months. Collecting assets then follows, which can take between 2-6 months, dependent on whether there is a house to sell. Once this has been done, we can distribute the assets, which normally take place  6 months after the date of the Grant of Probate or, it later, when all assets are collected in. 

Get in Touch

With Lupton Fawcett on your side, you're taking control. Contact us today.

Enquiry Form

Please complete this form to make an enquiry and we will get back to you as soon as we can.

Remember you can still call us on 0333 323 5292 or email us at privateclient@luptonfawcett.law

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