Example template (fixed fee)
We can help you through this difficult process by obtaining the Grant of Probate on your behalf. We will also collect in and distribute the assets to the relevant beneficiaries.
How much does this service cost?
Based on the value of the estate we can give you a fee quotation based on between 1% to 2% of the value of the estate. This means that you will have the peace of mind of knowing that our professional fees will not be higher than the quote given.
For example, if our fee is agreed with you as being 1% of the estate and the value of the estate is £500,0000 the fee will be not more than £5,000 *
TOTAL: fixed fee of £5,000 (+ VAT).
This includes: obtaining the grant, collecting assets and distributing them.
Breakdown of costs:
Legal professional fees £5,000
VAT on legal fees £1,000
Disbursements (£741.40 in total):
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.
As part of our fixed fee we will:
On average, estates that fall within this range are dealt with within 12 months to 2 years. Typically, obtaining the grant of probate takes 3 months. Collecting assets then follows, which can take between 6 to 12 months. Once this has been done, we can distribute the assets.
* Any costs estimate we give at any time is a guide to assist you in budgeting. It is not intended to be fixed, unless that is specifically agreed in writing.
Any fixed fee, capped fee or other fee arrangement we agree with you, or any costs estimate we give you, is based on the scope of the work anticipated and our assumptions about the matter at the time it is agreed or given. If the scope of the work changes or the assumptions change it will no longer apply. In that case we will discuss a revised fee arrangement or estimate with you.