Probate costs – including obtaining the grant of probate and administering of the estate.
We can handle the full administration of an estate. The hourly rates below reflect our commitment to you at this difficult time. You can expect a dedicated and experienced probate solicitor to work on your matter at all times.
We offer a no-obligation first interview of 30 minutes to discuss the probate process and the services we can provide. If you choose not to instruct us after this then there will be no charge for our time.
Our hourly charges are between £175 and £250 (+ VAT) per hour depending on the seniority and experience of the solicitor acting for you.
These hourly rates are fixed, but the number of hours that your case takes will vary, depending on the complexity.
Our charges are not based on the value of the estate, only on the time spent.
If the estate is simple, with no inheritance tax to pay, and we are only asked to apply for the grant, our charges are likely to be between £500 – £1000 (+VAT)
If the estate is more complex the following table is a guide to the likely charges:
|Value of estate||Likely fees based on time spent|
|Up to £500,000||£2,000 – £10,000 (+VAT)|
|£500,000 to £1m||£7,500 – £20,000 (+VAT)|
|£1m – £2m||£15,000 – £30,000 (+VAT)|
|£2m – £5m||£25,000 – £50,000 (+VAT)|
|£10m+||£25,000 – £75,000 (+VAT)|
What services you can expect
Below is a list of some of the services that we can provide. This list is not exhaustive and will vary from case to case:
- Investigating and valuing the assets and liabilities of the estate (including any tax liabilities)
- Assessing and paying any inheritance tax due
- Gathering in all assets and discharging of liabilities, costs, taxes and legacies
- Finalising income tax affairs for the period up to the date of death and during the administration period
- Registering the estate with the HMRC, if necessary
- Preparing of estate accounts and obtaining the personal representatives’ approval of these
- Carrying out appropriate bankruptcy, money laundering and other searches and advertisements to protect the executors
- Identifying of beneficiaries and distributing of the estate
Other expenses may be incurred as appropriate necessary to obtain the grant, such as:
- Probate Registry fee of £155.00 (no VAT) (for issuing the grant)
This fee will change from April 2019 when it becomes chargeable on a banded system.
- Additional court copies of the grant at 50p each (no VAT)
- Statutory advertisements – where necessary
- Advice on and preparation of deeds of variation
- Advice on and preparation of appointments out of trust
- External charges levied by asset holders
- The sale or transfer of any property in the estate.
Every case and client are different, and so we offer a bespoke level of service fitted around your requirements. It is therefore, hard to give an overall generic cost here. However, we always provide a best estimate as soon as we have all the details and information so that you are aware of how much you will need to pay.
How long will a simple estate take?
It usually takes between one to four months to obtain a grant of probate for a simple estate and between six and twelve months to complete the administration.
Complex estates can take longer than this.
Good to know
The Law Society suggest that a simple estate should be able to be administered for a fee between 1-3% of the value of the estate, and that complex or contentious estates are likely to attract fees in excess of 3% of that value.
We do not base our charges on the value of the estate, but instead charge for the work we actually undertake on your behalf.
However, we consider it useful for clients to be aware of the level of charges which are generally considered to be reasonable and particularly to note that dispute or complexity is likely to increase the total amount charged.