PROBATE FEES
What are our fees for collecting and distributing assets belonging to a person following their death?
We offer the following probate services:
- A complete Estate Administration Service, and
- An Application-only Service (to help you obtain a grant of Probate, or if there is no will, a grant of Letters of Administration)
ESTATE ADMINISTRATION SERVICE
What are our fees?
Our estimated fees are between £1,540 + VAT and £6,600 + VAT.
The Estate Administration Service usually takes us between 7 and 30 hours to complete, depending on the complexity of the circumstances.
In complicated cases, these estimates may be exceeded.
Why are some cases more complex?
The following factors can make the process more complex:
- The number of bank accounts or building society accounts
- The number of beneficiaries
- The number of properties owned
- Whether shares, funds and or investments are owned
- Inheritance tax
- The number of claims made against the Estate
What do our fees cover?
We handle the entire process for you:
- Discussing your circumstances
- Preparation of documentation, including legal and tax requirements
- Applying for a grant of Probate, or if there is no will, a grant of Letters of Administration.
- Collection and distribution of assets to beneficiaries
- Advising on the Estate’s tax liability (if any)
- Advising on any variations to the Estate
- Transfer of property
Are there additional costs?
In addition to our fees, there will be costs payable to third parties which are unavoidable. We will advise you at an early stage what additional costs will be incurred. The following list is a non exhaustive list of the type of additional costs that will be incurred:
- Probate court fee (between £150 and £200)
- Oath swearing fee (£7 per executor)
- Land Registry title Deeds (between £3 and £15)
- Trustee Act Notices advertised in the London Gazette and local newspapers (between £175 and £250)
- Bank transfer fees (£30 + VAT)
- If assets are held outside of the UK. We will discuss this with you once we understand your circumstances
- If there is a dispute over assets. We will advise you about potential fees and procedures once we understand your circumstances
- The sale of property owned by the Estate. Please see our conveyancing pricing guide for further details.
How long will it take?
The process itself will normally take between 6 months and 18 months.
APPLICATION-ONLY SERVICE
What are our fees?
Our estimated fees are between £880 + VAT and £2,200 + VAT.
The Administration-only Service usually takes us between 4 and 10 hours to complete, depending on your circumstances and the level of work required.
In complicated cases, these estimates may be exceeded.
What do our fees cover?
We handle the entire process for you:
- Discussing your circumstances
- Preparation of documentation, including legal and tax requirements
- Applying for a grant of Probate, or if there is no will, a grant of Letters of Administration.
Are there additional costs?
In addition to our fees, there will be costs payable to third parties which are unavoidable. We will advise you at an early stage what additional costs will be incurred. The following list is a non exhaustive list of the type of additional costs that will be incurred:
- Probate court fee (between £150 and £200)
- Oath swearing fee (£7 per executor)
How long will your case take?
The process itself will normally take between 2 months and 6 months.
Who will deal with your case?
In all cases, your case will be handled by one of our experienced Probate Team.
For expert advice please call:
Sarb Kaur Sulh on 01634 575464 (Gillingham Office) or email at: sarbjit.sulh@bassetssolicitors.co.uk
Probate Team on 01634 400161 (Rochester Office) or email at: info.roch@bassetssolicitors.co.uk
Bassets Solicitors – Probate Fees for Medway, Strood, Rochester, Chatham, Gillingham, Rainham, Gravesend, Dartford, Sittingbourne and Maidstone