Follow us

Probate Fees

Probate Fees

Probate is the court-supervised process of gathering a deceased person’s assets, paying debts and taxes, and distributing what is left to those who are named as inheritors, in the Will.

Uncontested probate is where there is no dispute over the Will and distribution of assets.

Below we provide you with information on our Legal Fees, disbursements, and the length of time it will take to complete your matter.

Legal Fees

Our charges are based on the time we will spend dealing with a Grant of Representation application to include meetings and other attendances; any time spent travelling; considering, preparing and working on papers; correspondence; and making and receiving telephone calls.

Hourly rates: These range between £190 per hour to £390 per hour plus VAT (£228 – £468 inc. VAT), depending on seniority.

Legal Fees are the amount you will be required to pay for all of the work performed by us in actioning your instructions, from the commencement of your case to the conclusion.

Legal Fees are the amount you will be required to pay for all of the work performed by us in actioning your instructions, from commencement of your case to conclusion.

• Grant of Probate only – For an application for Grant of Probate and to submit the inheritance tax form (form IHT205) only, our average standard legal fee is from £850 – £1,650 plus VAT (£1,020 – £1,980 inc. VAT). We will prepare the necessary Inheritance Tax documents and Probate application form based on the information provided. The Personal Representative will be required to obtain probate statements for any bank accounts, valuations of any property and details of any liabilities.

• Full Uncontested Probate – Our average standard legal fee for an uncontested probate matter, for a full-service administration of an estate including a property is between £1,650 – £16,500 plus VAT (£1,980 – £19,800 inc. VAT). + Disbursements.

Below we detail what services are covered in our standard fee and any likely disbursement costs.

Should your instructions require us to take your matter out of the fixed fee rate (see below for what our fixed fee covers) we will charge an hourly rate of £390 plus VAT (£468 inc. VAT) which will depend on the experience and qualification of the case handler as follows: –

Partner – £390 plus VAT (£468 inc. VAT)

We will charge the sum of £30 plus VAT (a total of £36 inc. VAT) for Electronic Money Transfers.

VAT will be payable on our fees and most disbursements, and we will clearly confirm which disbursements carry VAT in our formal quotation or as we advise you to incur them.

Disbursement Fee
Bankruptcy Search per name £2 plus VAT (£2.40 inc. VAT)
Chattels valuation (estimated) Between £150 – £500 plus VAT (£180 – £600 inc. VAT)
Probate valuation per property (estimated) £700 plus VAT
(£840 inc. VAT)
Probate Court application fee £273
Copies of the Grant of Representation (1.50p per copy) £6

How long will this take?

On average, estates that fall within this range are dealt with within 4 – 6 months.

Typically, obtaining the grant of probate takes 3 months.

Collecting assets then follows, which can take between 1 – 2 months. Once this has been done, we can distribute the assets, which normally takes 1 month.

Disbursement expenses likely to be incurred, paid for with funds available in the estate but if none, we usually ask you to pay the expenses in advances: -Legal Fees is the amount you will be required to pay for all of the work performed by us in actioning your instructions, from the commencement of your case to conclusion.

Stages of the process

1. Reviewing the information provided by you in relation to assets, debts and liabilities of the deceased.
2. Estimate the value of the deceased’s estate by contacting institutions such as banks, life policy companies etc., to ascertain the market value of any accounts, holdings and assets as at the date of the death
3. Ascertain the beneficiaries of the estate
4. Arrange completion and submission of the appropriate HM Revenue & Customs Inheritance Tax Forms on your behalf
5. Prepare the Probate or Letters of Administration application
6. Provide you with draft Inheritance Tax forms for review and signature if approved
7. Submit the Inheritance Tax forms to HMRC and lodge application to Probate Registry for a Grant of Probate/Grant of Letters of Administration
8. Deal with any enquiries raised by HMRC in relation to the Inheritance Tax forms
9. Once the Grant has been obtained, deal with the collection of all the assets and discharge all liabilities of the deceased
10. Ascertain the balance of the estate and distribute it or hold it in trust under the terms of the Will or the rules of intestacy
11. Prepare estate accounts setting out details of the administration

Potential additional costs

Further potential costs may arise where:

• If there is no will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
• If any additional copies of the grant are required, they will cost £1.50 (1 per asset usually).
• If the Will creates a Trust, there may be additional costs associated with the setting up of the Trust.
• Dealing with the sale or transfer of any property in the estate is not included. Please see our conveyancing fees or contact us for further information.
• For dealing with the assent of a property – £550 plus VAT (£660 inc. VAT)
• For preparing a Deed of Variation (if required) – £750 plus VAT (£900 inc. VAT)

Work NOT included

• The sale of any property
• If further assets are discovered after the submission of the HM Revenue & Customs Forms, you must report this information to HMRC. If this occurs after the completion of the administration of the estate, we can assist you.
• Negotiations with HMRC as to the valuation of any assets
• The deceased’s Income Tax and Capital Gains Tax affairs prior to death
• The estate’s Income Tax and Capital Gains Tax affairs
• Claims made against the estate
• Legal disputes between beneficiaries
• Disclaimers and Deeds of Variation
• Anything else not specifically identified under work included above

Complexities which could increase the time involved in dealing with the matter

• Domicile issues
• Interests in Trusts or other estates
• Claiming a Transferable Nil-rate band
• Claiming the Residence Nil-rate band
• Claiming the Transferable Residence Nil-Rate band
• Intangible assets such as digital assets or intellectual property
• Investigations into missing family members
• Determining appropriate parties in intestacy
• The complexity and range of assets and debts
• The number of beneficiaries we need to communicate with
• Unforeseen complications
• The speed at which third parties respond to our request for information
• Issues raised by HMRC which may cause extra work to be undertaken
• Assets in foreign jurisdictions

Fee Earners

The following Solicitors handle Probate matters at Pittalis LLP: –

• Marios Pittalis is a Qualified Solicitor. Marios qualified in 1988 and works in wills and probate. Marios is Head of Private Client at Pittalis.

• Nina Roga is a paralegal working in both conveyancing and wills and probate. Nina reports to Marios Pittalis.

Questions

If you have any questions relating to our services and our fees, please contact us on 020 8446 9555 or email us at info@pittalis.co.uk.