Wills and Probate
Wills
We deal with the preparation of Wills which inevitably can vary one from the other depending upon the complexity of the instructions and or whether it be an individual Will or Wills for a husband and wife.
We will attend upon you to receive and discuss your instructions and from there to deal with the preparation of a draft Will which will be forwarded to you for approval. Subject to any matters arising we will then attend upon you in relation to execution of your Will, the storage of the original and the provision of a copy to you.
The work will be done by the firm’s Principal (see Home page).
Our fixed charges for acting on your behalf in relation to preparation of a Will/Wills are :-
- A straight forward single persons Will may cost in the region of £300.
- Husband and Wife Mirror Wills may cost in the region of £400 to £500.
- Wills creating life interests or on-going Trusts may cost in the region of £700.
The above fees are based on a straightforward preparation of a Will/Wills.
If, however, additional steps need to be taken or if the matter becomes more complex e.g. amendments need to be made or added, our costs may exceed the figures shown above. If this is the case we will advise you on the estimated additional costs as soon as we become aware of any problem that arises.
The charges set out above are subject to VAT which is currently at the rate of 20%.
Probate
We will advise you and deal with matters following the death of a person where you are involved as an Executor or member of the family particularly if no Will has been left. We will ensure that matters are dealt with as efficiently and sensitively as possible.
We can guide you through the process of obtaining Grant of Probate or Letters of Administration on your behalf to include completion of forms for HMRC Inheritance Tax and arranging payment of Tax as appropriate.
We also collect and distribute assets to beneficiaries and complete Estate Accounts.
If there are any potential disputes or conflicts arising from a Will we will deal with this as sensitively as we can.
The work will be done by the firm’s Principal (see Home page).
Our fixed charges for acting on your behalf in relation to Probate is:- £1,500.
The above fee is based on a straight forward Grant of Probate.
Our above fee does not include:-
- Advising in relation to Deeds of Variation.
- Advising in relation to any claims that may be brought against the estate.
- Conveyancing costs for selling a property or addressing any issues relating to the title of the property.
If, however, additional steps need to be taken or if the matter becomes more complex e.g. if unexpected matters are raised in relation to the estate, costs may exceed the figure shown above. If this is the case we will advise you on the estimated additional costs as soon as we become aware of any problem that arises.
The charges set out above are subject to VAT which is currently at the rate of 20%.
The timescale of dealing with a Grant of Probate is likely to take between 9 to 12 months.
If there is a delay in relation to dealing with a Grant of Probate we will keep you informed as to progress and resolution.
Disbursements in relation to grant of probate
In addition to the above mentioned costs there will be the following Disbursements payable:-
- Application for Grant of Probate.
- Extra copies of the sealed copy of the Grant of Probate.
Please click on the link below for full details of fees :- Applying for probate / fees
If there are any other Disbursements payable we will advise you of them in advance of payment.