Emotions can run high during this difficult time, so our experienced team are on hand to help guide you through the maze of probate and estate administration working with you to provide as much or as little help as you need. Where we have advised on the drafting of the will and wealth planning structuring, we can provide an insight to the arrangements and ensure that the deceased’s wishes are fulfilled.
There are number of factors that influence the time it takes to finalise an estate. Generally, timescales are determined by the complexity of the estate. If the estate has a foreign element, meaning there are assets in another country, or if there is a dispute over the estate, these factors can impact the timescale.
Generally, a very simple estate with minimal assets can take a minimum of 6 months whilst a moderately complex estate can take a minimum of 18 months. A more complex estate can take up to 2-3 years.
We will give you a fixed fee based on our review of the estate as every estate has different assets and requirements.
We will also advise you of the disbursements or payments to other parties (such as valuers) which are not included in the fee quoted.
Should additional costs be incurred, due to unforeseen circumstances, we will advise you as soon as possible and agree the additional costs in advance of carrying out the additional work.
The following fees are a guide. Once we understand exactly what is required and the scope of the work to be undertaken, we will be able to provide you with a bespoke fee quote.
Our fees for a simple and straight forward estate typically range between £3,500 to £6,000 plus VAT. We would regard the following as a simple estate:
Our fees for a complex estate range between £6,500 to £12,000 plus VAT. We would regard an estate having the following as a complex estate:
There are times when the executor requires us to apply for the Grant of Probate only. In this case our fees for obtaining the Grant with no further advice or administration required would range between £ 1,500 – £3,000 plus VAT.
The majority of estates would incur additional third-party fees. The following are general but not exhaustive:
We prefer to charge a fixed fee for the administration of a deceased’s estate but there are times when we would charge our hourly rates if we are instructed to attend to additional probate work.
