We anticipate this will take between 5 and 7 hours work at £207 per hour. Total costs estimated at - £1045 - £1459 (+ 20% VAT). We will also charge 1% of the value of the estate (excluding the property) plus 20% 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. The set fee is conditional on you providing full details of all assets & liabilities including 'date of death' balances. If we have to obtain these balances you will be charged for works carried out at the appropriate hourly rate.
We will handle the full process for you. This quote is for estates where:
Disbursements in addition to this fee:
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.
On average, estates that fall within this range are dealt with within 3-6 months. Typically, obtaining the grant of probate takes 6-8 weeks. Collecting assets then follows, which can take between 6-8 weeks. Once this has been done, we can distribute the assets, which normally takes 2 weeks. This does not include any estates where inheritance tax is involved. All fees will be quoted to you in our client care letter.
574 Bacup Road
Tel: 01706 213 565
Fax: 01706 830 245
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