graham@martinslawyers.co.uk 0161 707 3660
Wills & Probate Fees
For a single straight forward Will our fees are fixed as follows:
£150.00 - Costs
£30.00 - VAT
TOTAL - £180.00
For joint mirror Wills (for example where two partners may leave all of their property to each other but make provision on the death of the second of them) our fees are as follows:
£250.00 - Costs
£50.00 - VAT
TOTAL - £300.00
Grant of Probate
If there is no inheritance tax payable then our fees are:
£500.00 - fixed costs
£100.00 - VAT
Probate Registry fees (on average) - £279.00
If there is inheritance tax payable then our charges are:
£2,000.00 - fixed costs
£400.00 - VAT
Probate Registry fees (on average) - £279.00
The work will be carried out on your behalf by a Solicitor with at least 10 years experience in probate work and will cover all work necessary to obtain the Grant of Probate or Grant of Letters of Administration assuming that the Will and application of the Grant is not contested by any third party.
Estate Administration
Our fees will vary considerably depending upon the nature and value of the Estate and whether we are appointed as Executors in the Will or acting on behalf of other named Executors.
On average our fees will be between 2% and 4% of the gross value of the Estate plus VAT and disbursements.
The disbursements will vary considerably depending upon the nature and value of the Estate.
All Estate administration work is carried out by a Solicitor with at least 10 years experience in probate work.
Key stages in obtaining the Grant of Probate and included in our pricing
(A) Taking your detailed instructions on the value and nature of the Estate.
(B) Preparing the Probate application forms and Statement of Truth.
(C) If required, placing statutory advertisements and carrying out necessary searches.
(D) Arranging signing and submission of the Probate forms and Statement of Truth.
(E) Monitoring the progress of the Probate application at the Probate Registry.
(F) Providing you with sealed copies of the Grant of Probate or Grant of Letters of Adminstration.
Key stages in administering the Estate and included in our pricing
(A) Identifying and valuing the Estate assets.
(B) If we are the named Executors - obtaining the Death Certificate and arranging the funeral and/cremation.
(C) Obtaining details of outstanding debts.
(D) If required, placing statutory advertisements and conducting searches.
(E) Preparing and arranging signing of the necessary Probate forms and Statement of Truth.
(F) Completing Inheritance Tax Return and arranging payment of Inheritance Tax (where appropriate out of Estate assets).
(G) Lodging and monitoring the progress of the Probate application.
(H) Collecting in Estate assets.
(I) Paying Estate debts.
(J) Assessing and settling any relevant income tax and/or capital gains tax.
(K) Preparing interim estate administration account and arranging interim distributions where appropriate.
(L) Preparing final Estate administration account and arranging final distribution.
(M) Where Estate assets include houses or flats that need to be sold, obtaining valuations, instructing Estate Agents
and all attendances required to complete the property sale.
Timescale
The timescale for obtaining a Grant of Probate or Letters of Administration is typically 5 months but depends largely upon the Probate Registry.
For estate administrations that do not involve inheritance tax or property sales - the time scale is typically 6-12 months.
For estate administrations that do involve inheritance tax or property sales timescale can vary considerably depending upon individual circumstances and where the timescale is likely to exceed 12 months we generally recommend interim distributions to the beneficiaries before the estate administration is complete.
£150.00 - Costs
£30.00 - VAT
TOTAL - £180.00
For joint mirror Wills (for example where two partners may leave all of their property to each other but make provision on the death of the second of them) our fees are as follows:
£250.00 - Costs
£50.00 - VAT
TOTAL - £300.00
Grant of Probate
If there is no inheritance tax payable then our fees are:
£500.00 - fixed costs
£100.00 - VAT
Probate Registry fees (on average) - £279.00
If there is inheritance tax payable then our charges are:
£2,000.00 - fixed costs
£400.00 - VAT
Probate Registry fees (on average) - £279.00
The work will be carried out on your behalf by a Solicitor with at least 10 years experience in probate work and will cover all work necessary to obtain the Grant of Probate or Grant of Letters of Administration assuming that the Will and application of the Grant is not contested by any third party.
Estate Administration
Our fees will vary considerably depending upon the nature and value of the Estate and whether we are appointed as Executors in the Will or acting on behalf of other named Executors.
On average our fees will be between 2% and 4% of the gross value of the Estate plus VAT and disbursements.
The disbursements will vary considerably depending upon the nature and value of the Estate.
All Estate administration work is carried out by a Solicitor with at least 10 years experience in probate work.
Key stages in obtaining the Grant of Probate and included in our pricing
(A) Taking your detailed instructions on the value and nature of the Estate.
(B) Preparing the Probate application forms and Statement of Truth.
(C) If required, placing statutory advertisements and carrying out necessary searches.
(D) Arranging signing and submission of the Probate forms and Statement of Truth.
(E) Monitoring the progress of the Probate application at the Probate Registry.
(F) Providing you with sealed copies of the Grant of Probate or Grant of Letters of Adminstration.
Key stages in administering the Estate and included in our pricing
(A) Identifying and valuing the Estate assets.
(B) If we are the named Executors - obtaining the Death Certificate and arranging the funeral and/cremation.
(C) Obtaining details of outstanding debts.
(D) If required, placing statutory advertisements and conducting searches.
(E) Preparing and arranging signing of the necessary Probate forms and Statement of Truth.
(F) Completing Inheritance Tax Return and arranging payment of Inheritance Tax (where appropriate out of Estate assets).
(G) Lodging and monitoring the progress of the Probate application.
(H) Collecting in Estate assets.
(I) Paying Estate debts.
(J) Assessing and settling any relevant income tax and/or capital gains tax.
(K) Preparing interim estate administration account and arranging interim distributions where appropriate.
(L) Preparing final Estate administration account and arranging final distribution.
(M) Where Estate assets include houses or flats that need to be sold, obtaining valuations, instructing Estate Agents
and all attendances required to complete the property sale.
Timescale
The timescale for obtaining a Grant of Probate or Letters of Administration is typically 5 months but depends largely upon the Probate Registry.
For estate administrations that do not involve inheritance tax or property sales - the time scale is typically 6-12 months.
For estate administrations that do involve inheritance tax or property sales timescale can vary considerably depending upon individual circumstances and where the timescale is likely to exceed 12 months we generally recommend interim distributions to the beneficiaries before the estate administration is complete.
This firm is authorised and regulated by the Solicitors Regulation Authority
Registration No. 00073856
Registration No. 00073856
