Probate & Administration of Estates - Fee Guideline
Due to the nature of the work, our professional fees will vary depending on the individual circumstances of the matter.
Obtaining Probate: No tax currently payable - Average £2000.00 - £4000.00 (excluding VAT)
Disbursements in addition to our professional fees include:
Court Fee: £155.00
Certified copies of the Grant of Probate Fee: £1.00 per copy
Creditors Notice in London Gazette and Local Paper: average of £150.00 - £200.00 (protects against unexpected claims from unknown creditors and cost is dependant on quotation)
Bankrupting Search Fee: £2.00 per beneficiary
Swearing of the oath with a Will - £7 per Executor
These fees do not include costs of sale or transfer of property (or other property associated costs e.g. insurance) in the estate or dealing with any pre date of death tax returns, or dealings with any trusts.
Obtaining Probate and Inheritance Tax payable: £8000 - £12,000 (excluding VAT) and disbursements (see above).
Rees Roberts Solicitors hourly rates are applicable in all above matters. Our hourly rates are outlined below:
Director/Partner: £350.00 per hour (excluding VAT)
Paralegal/Trainee Solicitor: £110.00 - £150.00 per hour (excluding VAT)
As part of our fee we will:
Identify the legally appointed executors or administrators and beneficiaries
Obtain the relevant documents required to make the application
Complete the Application for the Grant of Representation and the relevant HMRC forms
Draft an oath for you to swear
Make the application to the Probate Court on your behalf
Obtain the Grant of Representation
Collect and distribute all assets in the estate
Potential Additional Costs
There are a number of potential additional costs which would be advised on an individual basis which could include us dealing with an estate with shareholdings (stocks and bonds) or if we were appointed to act as Executors of the Estate. Those costs would vary significantly depending upon the specific circumstances of each Estate. We would therefore provide a more accurate quote upon your specific enquiry.
Please note the above costs do not include dealing with the sale or transfer of any property in the estate.