1. Applying for the Grant of Probate, collecting and distributing the assets
We anticipate that this will take 10–20 hours of work at £200 per hour, plus VAT and disbursements. Therefore, the total costs are estimated at £2000–4000 plus VAT and disbursements.
The exact costs will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the low 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. The quote is for estates where:
- There is a valid Will
- There is no more than one property
- There are no more than three bank or building society accounts
- There are no other intangible assets
- There are no more than five beneficiaries
- There is no dispute between beneficiaries on the 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; these are costs related to your matter that are payable to third parties, and will be:
- Probate Application fee: £215
- Swearing an Oath per Executor: £7
- Bankruptcy only; £4 per beneficiary
- Advert in the London Gazette: £75 to protect against unexpected claims from unknown creditors
- Advert in the local newspaper: £225 to protect against unexpected claims
Potential additional costs
If there is no Will or if the estate consists of any share-holding (stocks and shares), there are likely to be additional costs, which could vary 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.
If additional copies of the Grant of Probate are required, they will cost £2 (one per asset usually)
Dealing with the sale or transfer of any property in the estate is not included.
How long will it take?
On average, estates which fall within this range are dealt with within 6–12 months.
The fees will include:
Obtaining the relevant documents required to make the Probate application.
Completing the Probate application and relevant HMRC forms
Draft a legal Oath for you to swear.
Make the application to the Probate court.
Collect and distribute all assets in the estate.
2. Drafting a Will
Our fees for a straight forward Will are £200 plus VAT. This covers a Will where the estate is left to a spouse or partner in the event of the spouse of partner predeceasing, the estate is left to the children of the person making the Will (known as the Testator/Testatrix).
The fees will be higher if the Will includes individuals, gifts to other individual such as friends, other family members or organisations such as charities.
The fees will include:
Taking initial instructions and advising regarding the contents of the Will
Drafting the Will and forwarding it to you for approval.
Once approved, attending to the proper execution and witnessing of the Will.
Providing you with the original Will and 2 certified copies.
Advice regarding tax planning is not included in this fee.
The work will be undertaken by Bhupendra Sankhla who is a Solicitor and a Director of this firm. He qualified as a solicitor in 1990 and has been in a senior management role for more than 15 years and has been with Appleby Shaw since 2012. He has over 25 years’ experience of private client work, specialising in Family Law and Wills and Probate.
*These prices on the website are indications only, based upon standard types of cases. Following the initial consultation with you, we will provide you with a quote/estimate, which will be contained in our client care letter. This figure will take precedence and is the price you will be required to pay.