Example costs for applying for the Grant of Probate, collecting and distributing the assets as well as completing the tax return for each beneficiary (if relevant)
Coasts for applying for a Grant of Probate on an hourly rate (not a fixed price)
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no land or buildings, the cost will be at the lower end of the range. If there are multiple beneficiaries, a property to sell and multiple bank accounts, costs will be at the higher end.
We anticipate this will take between 10 and 15 hours work at £195 per hour.
Total costs estimated at -£1,950 to 2,925 (+VAT). *
We will handle the full process for you. This quote is for a typical small estate where the will leaves all assets to the husband/ wife and:
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.
Disbursements that you have to pay as part of the Probate expenses that are not included in the above fee:
Potential additional costs
How long will this take?
On average, estates that fall within this range are dealt with within 12 months.
Typically, obtaining the Grant of Probate takes 3 months. Collecting assets then follows, which can take between 3-6 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.