fees
Probate and Estate Administration are rarely a “one size fits all” service. We are, therefore, hesitant to offer a fixed fee until we know about the Estate and what work will be involved. If, after an initial consultation/meeting you would like a Fixed Fee quote, please let us know.
Unlike some solicitors and banks, who will often charge on a percentage of the assets, Cound Probate Services Limited works on a clear fee structure, agreed in advance. You can choose to pay a Fixed Fee or, if you prefer, to pay an hourly rate
(currently £150+VAT per hour).
simple estate
- For a simple estate our fees to obtain a Grant of Probate would be between £600 and £1000 + VAT (i.e. £720 to £1200).
- This would include doing all the work necessary to gather information about the estate assets and liabilities and making the application for the Grant of Probate.
After Probate
- After Probate has been obtained, the costs of administering the collection and distribution of the assets, including reporting any estate income and gains to HMRC.
- This would depend on the complexity of the Estate but would typically fall between £600 and £4000 + VAT (i.e. £720 to £4800).
disbursements
- You would also need to pay disbursements, which are amounts we pay on your behalf and then recover from you. As a minimum you would need to pay a disbursement of £300 for the Probate Application Fee but typically you would also choose to protect against claims from unknown creditors by placing notices in The London Gazette and another (local) paper. Some disbursements may attract VAT.
TIMESCALE for probate
We will provide an initial estimate of how long the engagement is expected to take. The time and costs to complete an engagement such as this can vary depending on the complexity of the Estate and the Will.
We will keep you informed of progress as work progresses.
Typically, a straight forward Probate application can take in the region of 6-9 months.