Even where our charges are fixed, we would usually expect to incur certain expenses your behalf which we will also add to your bill. The amount of expenses can vary and the following is an estimate only:
We estimate that the total cost of a probate and estate administration case will be between £3,200.00 and £6,750.00 including our charges, the expenses we expect to pay on your behalf and VAT.
This estimate includes:
The ‘Estimated total legal costs’ shown above assumes. there is a valid will or the personal representative is readily identifiable, there is no inheritance tax to pay and the estate does not include any shareholdings, there is one property, up to 3 bank accounts and there is one or two beneficiaries. Additional amounts may be payable for our charges and/or expenses if e.g. there is no will, there are several beneficiaries, there are multiple bank accounts and several beneficiaries. There is more than one property, the estate requires completion of the IHT 400 tax form, there are complex investigations about the assets of the estate, a deed of variation is required or beneficiaries or executors have to be traced, there are assets abroad or distribution of the estate is contested.
The ‘Estimated total legal costs specifically does not include:
Simple Probate and estate administration cases usually take 3 to 12 months from receiving your instructions to completion. This is on the basis that there is a valid will, there is no inheritance tax to pay and the estate does not include any shareholdings. If any complications of this or any other nature arise the matter will take a longer. We will advise you if and when this occurs.
Most matters of this nature involve the following key stages: