Wills, Probate & LPA Fees
Grant of Probate
| GRANT OF PROBATE Non-Taxable Estates | £950 |
Includes
Preparation & Submission of Inheritance Tax Form for non-taxable estates. Application for Grant of Probate.
Does not include:
Asset valuations or obtaining asset valuations, or collecting in or distributing the estate
This fee allows for the following to be included in the estate:
2 Properties
12 Bank/Building Society Accounts
12 Beneficiaries
Intangible assets may also be included such as shareholdings.
Timescale:
Attaining grant of probate for a typical estate can take between 6 and 8 weeks.
Grant of Probate and Estate Administration
| Estimated Cost: | £5,040 – £6,160 |
| Hourly Rate: (Estimated Hours: 18-22) | £280 |
| Plus Disbursements* (charged separately): | £200 – £400 |
| Probate Application Fee: | £300 (plus £1.50 per additional copy) |
* Disbursements are costs related to third party services which we pay on your behalf. We have not included these in the above prices which may be charged in addition to the above fee. We price these based on the cost these services are charged to us:
Wills and Lasting Powers of Attorney
| Single Will | £250.00 |
| Mirror Wills | £400.00 |
| Severance of joint tenancy with Wills for husband and wife with right of occupation clause | £600.00 |
| Lasting Power of Attorney – P&F* or H&W** | £400.00 |
| If doing mirror LPA for spouse, the second one will be | £200.00 |
| Additional registration fee for each Power of Attorney (This fee is payable to the Office of the Public Guardian) | £92.00 |
| Lasting Power of Attorney – P&F* and H&W** | £600.00 |
| If doing mirror LPA for spouse, the second one will be | £300.00 |
| Registration of an Enduring POA | £300.00 |
| General Powers of Attorney | £100.00 |
| Specific Powers of Attorney for selling property or Trustee Act | £300.00 |
Abbreviations
*P&F – Property & Finance LPA
**H&W – Health & Welfare LPA
Includes:
- Completion and submission of Inheritance Tax forms for the estate.
- The preparation and submission of the application for grant of probate
- Gathering the estate’s assets
- Distributing those assets to up to 12 beneficiaries of the estate
The estimate is based on a service which includes us dealing with 2 properties, twelve bank/building society accounts, as well as intangible assets such as stocks and shares. This would apply where we would be distributing assets to up to twelve beneficiaries. There may be additional tax due on this matter which would be separate to the estimated cost. For additional information on Inheritance Tax please visit the gov.uk website: gov.uk/inheritance-tax
Please note:
- These fees do not apply where any assets of the estate are outside of the UK
- These fees do not apply if the Will or distribution of the estate is contested or the executors are in dispute
- These fees do not apply if there is a claim against the estate under the Inheritance (Family & Dependants) Act 1975
- Fees may vary dependant on individual circumstances.
Timescale:
Estimated Timescale: 6 – 9 months