Probate Costs

Probate – Applying for the grant, collecting and distributing the assets

We anticipate this will take between 5 and 50 hours work at £280 per hour (plus VAT) for Frances White (Partner Rate). Total costs are estimated at £1,400-£14,000 plus VAT.

The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be 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 can handle the full process for you. This quote is for estates where:

  • There is a valid will
  • There is no more than one property
  • There are no more than 5 bank or building society accounts
  • There are no other intangible assets
  • There are no more than 5 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 may include:

  • Probate application fee of £155
  • If any additional copies of the grant are required, they will cost 50p each (1 per asset usually)
  • Bankruptcy-only Land Charges Department searches (£2 per beneficiary)
  • £96 for notice in The London Gazette (if required) – Protects against unexpected claims from unknown creditors.
  • Cost of notice in a Local Newspaper (if required) – This also helps to protect against unexpected claims. Costs will vary depending on the relevant local newspaper.
  • If there is no will or the estate consists of any shareholdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
  • Dealing with the sale or transfer of any property in the estate is not included.

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. These are payable in addition to our costs.

How long will this take?

On average, estates that fall within this range are dealt with within 3 to 9 months. Typically, obtaining the grant of probate takes 4 to 7 weeks. Collecting assets then follows, which can take between 2 to 6 weeks. Once this has been done, we can distribute the assets, which normally takes 2 to 4 weeks.

Probate – Applying for the grant alone

We can help you through this difficult process by obtaining the Grant of Probate on your behalf if you are able to supply us with the date of death values of the assets and liabilities and other information we will need. This does not include collecting in and distributing the assets.

How much does this service cost?

TOTAL: fixed fee of £1,200 (comprising legal fee of £1,000 plus VAT of £200)

This includes: obtaining the grant alone.

Disbursements:

  • Probate court fee of £155
  • If any additional copies of the grant are required, they will cost 50p each (1 per asset usually)

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. These are payable in addition to our costs.

Typically, from the time that you instruct us to obtaining the Grant of Probate is 3 to 5 weeks.

As part of our fee we will:

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Identify the legally appointed executors or administrators and beneficiaries
  • Accurately identify the type of grant application you will require
  • Obtain the relevant documents required to make the application
  • Complete the Probate application and the relevant HMRC forms (not the full IHT400 which is required in larger or more complex estates)
  • Draft a legal statement for you to sign
  • Make the application to the Probate Court on your behalf
  • Obtain the Probate and send official copies to you