Solicitor Fees Grant of Probate

Solicitor Fees Grant of Probate

Our Solicitors Fees for Obtaining a Grant of Probate ONLY (in England and Wales).

The next step up from DIY Probate is to ask us to sort out the paperwork and obtain the Courts permission for you to collect in the assets, pay the bills and then pay out the beneficiaries.  Where there are people likely to cause trouble (and say you have “done them out of” their share, we would recommend our full service, so you can’t be blamed.  But where everyone is easy to deal with, just using our solicitors expertise to obtain the Court Grant of Probate and then doing the rest yourself can make a significant saving on probate solicitors fees, even at our relatively modest rates.  I should mention that these fees do not include Court Fees.

Do remember that our charge out rates are based on the seniority and experience of the person doing the actual work, so you won’t be charged full solicitors rates for what our normal expert caseworkers can do.  But you do have the knowledge that our Head of Legal was (in a former life) a senior Tax Barrister, so where complex tax advice is needed, it is available and incredibly modest cost by industry standards.

In all cases, an advance payment of £240  is required then interim monthly invoices are raised. All our solicitors fees are recoverable from the estate as long as it has enough in it.

Back to DIY   To More Complex estates  To Full Bespoke Service   Watch out for.

Probate Forms.

Solicitors Fees for Straightforward Estates Probate Service (IHT205).

Here we obtain the Grant of Probate for a conventional estate with no Inheritance Tax or Trust issues based the details of assets which you advise of.  To keep costs down, we let you collect in and distribute the assets.  Of course, we are perfectly happy to do that, but it will cost more.  Should you have family members who are likely to be unhappy, then it may well be better to let us handle the collection and distribution of the estate too.

Fees are plus third party costs like Court Fees.   If the estate turns out to be really simple and the asset holders helpful, it may well be less!

Solicitors fees for More Complex Estates Probate Service (IHT 400 and schedules).

This is a ‘Grant Only’ service where you provide us with a list of the deceased’s assets and liabilities with their values as at the date of death and evidence in support of these figures. From these figures we prepare an Oath and IHT 400, send them to you for signing or swearing. On return to us we will send them to the Probate Registry, obtain the Grant and send the grant to you so you can collect in the assets and distribute the estate.

Costs are a little higher as more senior staff will need to be involved at some stages, and plus third party costs.

We consider an estate to be ‘Standard’ where none of the following apply to the estate:

  • gift out of income or
  • substantial gifts within the last 7 years over £150,000. Or
  • The deceased has set up a trust during their lifetime or was a life tenant or income beneficiary of certain trusts. Or
  • The estate includes a business. Or
  • There are foreign assets over £100,000 or foreign issues.

If any of the above apply, our Gold Probate Service is the right service for you.

A broad outline of the work we may carry out for you is:

  • Receiving a completed family tree and advising the next of kin where there is no Will of the relevant intestacy provisions;
  • Being informed whether deceased was widowed or divorced and being supplied with details.
  • Advising on any appropriate Deeds of Variation;
  • Receiving a copy signed Will (if there is one).
  • Receiving an ORIGINAL death certificate.
  • Receiving List of Assets & Liabilities at the date of death and evidence in support.
  • Arranging Notice to Creditors, if appropriate;
  • Completing any inheritance tax forms and calculating and arranging payment of any inheritance tax due from the estate which can be made by installments if appropriate;
  • Preparing IHT 400 and supporting Schedules.
  • Preparing the Oath for the Personal Representatives/Executors to swear;
  • Make the application for Grant of Probate/Letters of Administration.
  • Sending the Grant to you so you can collect in the assets and pay liabilities yourself and complete the administration of the estate yourself.

If you wish us to deal with the deceased’s Life Time Tax Return to date of death there will be an additional charge for each return (HMRC can go back 6 years)

Please note that this estimate is appropriate where an IHT 205 must be completed. If as the case continues it becomes clear that an IHT400 is required we will send you a new estimate.

Solicitors fees for Silver Probate Service (IHT 400 and up to 4 supporting schedules and Standard) Level 2.

This is again a “Grant Only’ service where you provide us with copy letters relating to the deceased’ assets, income and liabilities. Assets will include shares, investments, pensions, tax returns, tax references, state pensions, salaries, property details, foreign assets and any foreign income. From this information provided, we will then write to the institutions to find out the date of death balances due to or from the estate.

From the figures provided by the institutions, we prepare an Oath and IHT 400 and send them to you for signing or swearing. On return to us we will send them to the Probate Registry, obtain the Grant and send the grant to you so you can collect in the assets and distribute the estate.

We can estimate costs plus third party costs based on a time estimate of 8 -15 hours work at our hourly rates.

We consider an estate to be ‘Standard’ where none of the following apply to the estate:

  • gift out of income. or
  • Substantial gifts within the last 7 years over £150,000. Or
  • The deceased has set up a trust during their lifetime or was a life tenant or income beneficiary of certain trusts.  Or
  • The estate comprises a business.  Or
  • There are foreign assets over £100,000 or foreign issues.

If any of the above apply, our Gold Probate Service is the right service for you.

A broad outline of the work we may carry out for you is:

  • Receiving a completed family tree and advising the next of kin where there is no Will of the relevant intestacy provisions.
  • Being informed whether deceased was widowed or divorced and being supplied with details.
  • Advising on any appropriate Deeds of Variation.
  • Receiving a copy signed Will (if there is one.)
  • Receiving a ORIGINAL death certificate.
  • Receiving all paperwork relating to assets & liabilities, pensions, life insurance, HM Revenue & Customs, Tax Returns (e.g. copy letters showing address of institution and account number.)
  • Writing to the asset and liability holders of the estate informing them of the death and obtaining details of the financial position as at the date of death and compiling a schedule of the Assets and Liabilities of the estate.
  • Preparing the Assets & Liabilities Schedule.
  • Arranging Notice to Creditors, if appropriate.
  • Completing any inheritance tax forms and calculating and arranging payment of any inheritance tax due from the estate which can be made by installments if appropriate.
  • Preparing IHT 400 and supporting Schedules.
  • Preparing the Oath for the Personal Representatives/Executors to swear.
  • Make the application for Grant of Probate/Letters of Administration.
  • Sending the Grant to you so you can collect in the assets and pay liabilities yourself and complete the administration of the estate yourself.
  • Receiving part payment in advance of £240 (then interim monthly invoices thereafter.)

If you wish us to deal with the deceased’s Life Time Tax Return to date of death there will be an additional charge for each return (HMRC can go back 6 years.)

Please note that this estimate is appropriate where an IHT 400 must be completed and no more than 4 supporting Schedules. If as the case continues it becomes clear that further IHT Schedules are required or the case is more complex than originally known we will send you a new estimate.

 


APPENDIX 1

 

Silver Probate Service (IHT 400 and up to 4 supporting schedules and Standard) Level 2

GRANT ONLY:

This is a ‘Grant Only’ service where you provide us with copy letters relating to the deceased’ assets, income and liabilities. Assets will include shares, investments, pensions, tax returns, tax references, state pensions, salaries, property details, foreign assets and any foreign income. From this information provided, we will then write to the institutions to find out the date of death balances due to or from the estate.

From the figures provided by the institutions, we prepare an Oath and IHT 400 and send them to you for signing or swearing. On return to us we will send them to the Probate Registry, obtain the Grant and send the grant to you so you can collect in the assets and distribute the estate.

We estimate costs of between £2,400 – £3,700 plus disbursements based on a time estimate of 8 -15 hours work at our hourly rates set out below

We consider an estate to be ‘Standard’ where none of the following apply to the estate:

  • gift out of income or
  • substantial gifts within the last 7 years over £150,000, or
  • the deceased has set up a trust during their life- time or was a life tenant or income beneficiary of certain trusts, or
  • the estate comprises a business or
  • there are foreign assets over £100,000 or foreign issues.

If any of the above apply, our Gold Probate Service is the appropriate service for you.

A broad outline of the work we are to carry out for you is:

  • Receiving a completed family tree and advising the next of kin where there is no Will of the relevant intestacy provisions;
  • Being informed whether deceased was widowed or divorced and being supplied with details
  • Advising on any appropriate Deeds of Variation;
  • Receiving a copy signed Will (if there is one)
  • Receiving a ORIGINAL death certificate
  • Receiving all paperwork relating to assets & liabilities, pensions, life insurance, HM Revenue & Customs, Tax Returns (e.g. copy letters showing address of institution and account number)
  • Writing to the asset and liability holders of the estate informing them of the death and obtaining details of the financial position as at the date of death and compiling a schedule of the Assets and Liabilities of the estate;
  • Preparing the Assets & Liabilities Schedule
  • Arranging Notice to Creditors, if appropriate;
  • Completing any inheritance tax forms and calculating and arranging payment of any inheritance tax due from the estate which can be made by instalments if appropriate;
  • Preparing IHT 400 and supporting Schedules
  • Preparing the Oath for the Personal Representatives/Executors to swear;
  • Make the application for Grant of Probate/Letters of Administration
  • Sending the Grant to you so you can collect in the assets and pay liabilities yourself and complete the administration of the estate yourself
  • Receiving part payment in advance of £240 (then interim monthly invoices thereafter)

If you wish us to deal with the deceased’s Life Time Tax Return to date of death there will be an additional charge of £600 for each return (HMRC can go back 6 years)

This estimate is based on the information you have provided us. Please note that this estimate is appropriate where an IHT 400 must be completed and no more than 4 supporting Schedules. If as the case continues it becomes clear that further IHT Schedules are required or the case is more complex than originally known we will send you a new estimate.

RESPONSIBILITY FOR THE WORK

[Gemma James is a Chartered Legal Executive / Amanda Tidey is a senior caseworker and will have responsibility for your matter and will be carrying out the work with the assistance of our Legal Apprentice, Daniel Docherty and be supervised by Ingrid McCleave a solicitor/ Gemma James a Chartered Legal Executive.] delete as required