Probate Charges

Charges quoted relate to a “full service” Probate Service with our firm dealing with all matters required to obtain a Grant of Probate, collecting in the assets and making payment to beneficiaries, payment of any Inheritance or Income Tax, and transfer of any properties in the Estate to Beneficiaries. 

Work will be charged in relation to time spent on the matter at partner hourly rate of £300 plus VAT, plus: 

a charge in relation to the gross value of the Estate of 1% or where a partner of the Firm is appointed as Executor 1.5% of the value of the Estate. 

Example 1: 

Non-taxable Estate of £250,000, single Executor and Beneficiary, 

Fees £2,240 plus 1% value charge £2,500 = £4,740 plus VAT. 

Disbursements including Probate Application Fee £155 and (where necessary) Land Registry fees and valuers fees will also be payable. 

Example 2: 

Taxable Estate of £450,000, single Executor and Beneficiary, 

Fees £5,040 plus 1% value charge £4,500 = £9,540 plus VAT. 

Disbursements including Probate Application Fee £155 and (where necessary) Land Registry fees and valuers fees will also be payable. 

As a rule of thumb, we would usually expect our fees (including the charges for time and value referred to above) for estates where no Inheritance Tax is payable to be between 1.5-2% of the gross value of the Estate. Where Inheritance Tax is payable the usual range would be between 2-3% of the value of the Estate and for more complicated and specialist matters where there are reliefs such as Agricultural and/or Business Property Relief to be claimed, HMRC investigations and substantial numbers of individual shareholdings, offshore investments and accounts etc. and/or where the deceased did not leave a Will and this complicates matters the range could be in the region of 3-5% of the gross value of the Estate. 

We are recognised specialists in Agricultural Law and are regularly consulted by other Solicitors and professionals in relation to complex Estates where more expert advice is required in relation to Inheritance Tax issues. 

Please contact us for a quote tailored to your specific circumstances.