Prices

Whilst most of the services we offer are fixed fee, we cannot provide a generalised figure for our Estate Administration services. This will depend on the nature and complexity of the Estate and we provide a quote on a case-by-case basis (see below).

Wills Pricing >
LPA Pricing >
Packages (Wills & LPA) pricing >
General Power of Attorney Pricing >
Declaration of Trust Pricing >
Estate Administration (Probate) >

VAT is not applicable to the below prices and therefore they will not increase above the stated price.

Hourly rate

Our current hourly rate is £245

Wills

Lasting Powers of Attorney

LPAs cannot be used until they have been registered with the Office of the Public Guardian and there is a registration fee of £82 per LPA in addition to the above.

Packages (Wills and LPAs)

LPAs cannot be used until they have been registered with the Office of the Public Guardian and there is a registration fee of £82 per LPA in addition to the above.

Other

Estate Administration (Probate)

It is difficult to say exactly how much it will cost to administer an estate as the costs will depend on the complexity of the estate but as a rough guide, in our experience, the legal fees for administering an estate are approximately 1-3% plus VAT of the value of the assets within the estate (this does not include conveyancing costs). We will give you a more accurate estimate once we have more information, such as the size and nature of the estate, whether it is taxable and the number of beneficiaries.

Once the scope of work is clear, in most cases we will be able to provide you with a fixed price for completing the work.

As part of dealing with the full administration of an estate, we will for example-

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Advise you on the terms of the Will or the rules of intestacy (where there is no valid Will)

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Assist with funeral arrangements if necessary

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Collate detailed information on the assets and liabilities of the estate

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Request information on any lifetime gifts made by the deceased

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Advise you on whether there is a potential liability to inheritance tax and claim any exemptions and reliefs available

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Prepare the inheritance tax account for HM Revenue & Customs

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Prepare the application for a Grant

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Deal with the closure, transfer or sale of the assets within the estate

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Settle any liabilities

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File income tax returns for the period of administration

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Provide estate accounts detailing all financial transactions since the date of death

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Advise the personal representatives on minimising their risk exposure

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Distribute the estate to the entitled beneficiaries

Obtain Grant of Probate/Letters of Administration Only

Our average fee for an excepted estate (no Inheritance Tax to pay) is £950 plus disbursement.

Our average fee for a taxable estate is £1250 – £2,000 plus disbursements.

The above prices are based on you providing us with all the information upfront.

Disbursements, in addition to our fees:

Disbursements are costs which are related to your matter but are payable to third parties, such as the Probate Registry. We handle the payment of the disbursements on your behalf to ensure a smoother process. Typical disbursements will include:

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Probate application fee – £155

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Additional copies of the Grant of Probate – £1.50 each

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Statutory advertisements in the London Gazette and local newspaper – this protects executors against unexpected claims from unknown creditors £100-£350 plus vat

Services

Wills

A Will sets out who is to benefit from your property and possessions (your “Estate”) after your death and can appoint guardians and trustees for any minor children.

Lasting Powers of Attorney

A power of attorney is a legal document that allows you (the ‘donor’) to appoint one or more people (known as ‘attorneys’) to help you make decisions or to make decisions on your behalf.

Administration of Estates

(Probate)

We understand that dealing with the administration of an estate can be very emotional and distressing, which is why we handle the process with compassion and efficiency.

Co-ownership of property (Declarations of Trust)

A Declaration of Trust is a legally binding agreement which records the financial arrangement between owners. It can set out who put in what and who pays for things such as the mortgage, bills, home improvement and costs and how the proceeds will be divided upon sale.