Probate and estates.

We work with the family to

• Act as executors where appointed
• Obtain the will
• Protect assets during the probate and administration process
• Determine all the assets and liabilities
• Advertise the death to notify any creditors
• Determine gifts made during the deceased’s lifetime
• Complete the Inheritance Tax returns
• Arrange for Inheritance Tax to be paid
• Obtain a grant of probate or letters of representation
• Collect the assets
• Prepare the estate accounts
• Advise on the most tax efficient payments to beneficiaries
• Determine distributions for each beneficiary in line with the will
• Make final distributions to beneficiaries
• Prepare estate tax returns
• Complete repayment claims for beneficiaries

Administration of full estate

Simple estate

Our fees for a simple and straight forward estate typically range from £3,500 plus VAT. We would regard the following as a simple estate:

• all assets are situated in the UK;
• the deceased and beneficiaries are all UK resident and UK domiciled;
• there’s a valid Will;
• the estate has a single property and no more than two bank accounts;
• there is no requirement to sell the property;
• there are no other assets, such as, fine art or trust interests;
• there are no legal claims made against the estate; and
• no disputes between the executors or beneficiaries;

Administration of part of an estate:

Applying for grant of probate only

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 be from £ 1,500 plus VAT.