Applying for a Grant of Probate, collecting and distributing the assets
This will typically take around 20 hours of work at between £165 and £235 per hour + VAT depending upon the experience of the fee earner carying out the work. Total costs estimated at between £3,000 and £4,700+VAT
The exact costs will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs willbe at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.
We will handle the full process for you. This estimate is for estates where:
- There is a valid will
- There is more than one property
- There are more than three bank or building society accounts
- There are no other tangible assets
- There are up to six beneficiaries
- There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
- There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
- There are no claims made against the estate
Disbursements included in this fee:
- Probate application fee of £155 (when a solicitor applies)
- £5 Swearing of the Oath (per executor)
- Bankruptcy-only Land Charges Department searches (£3 per beneficiary)
- £63+VAT to post in the London Gazette – protects against unexpected claims from unknown creditors
- Post in a Local Newspaper – this also helps protect against unexpected claims.
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.
Possible Additional Costs
- If there is no Will or the estate consists of any share holdings (stocks and bonds). We can give you a more accurate quote once we have more information.
- If any additional copies of the grant are required, they will costs £0.50 each.
- Dealing with the sale or transfer of property in the estate.
How long will this take?
On average, estates that fall within this range are dealt with within 6-9 months.