Uncontested UK Probate and Estate Administration

UNCONTESTED UK PROBATE & ESTATE ADMINISTRATION

Our commitment and service to you

Whilst we have set out the basis of our charges below, we always welcome the opportunity to meet with you in person to discuss the individual needs and intricacies of the matter by way of a no obligation, free initial appointment. This will allow us to give you a more accurate idea of charges relating to your particular matter.

Range of costs

Our charges are generally based on an hourly rate appropriate to the level and experience of the lawyer undertaking the work. Those hourly rates range from £165.00 to £225.00. Based on previous cases the costs generally equate to a range of between 1% and 4% of the value of the gross estate. The average costs for a typical estate administration would be in the region of 2%, but each case is unique and dependent on a number of factors, some of which are covered below.

For more complex cases we do reserve the right to charge a value element in addition to the hourly rate, but this would be included within the above estimate range and not in addition to it.

There is a minimum charge of £850.00 for estate administration.

All costs are exclusive of VAT unless specifically mentioned.

Disbursements

Disbursements are payments we incur on your behalf as part of your instructions. These payments are unique to each case, but typical examples are:

    • Commissioner for Oath fee – £5.00;
    • Commissioner for exhibit fee – £2.00;
    • Probate court fee – £155.00 plus £0.50 per sealed office copy;
    • Bankruptcy searches – £2.00 per UK beneficiary;
  • S27 Trustee Act 1925 notices – £150-£200 (based on area) where appropriate.

 

In addition, Inheritance Tax may be payable on the estate. Further details can be found via the HMRC link, https://www.gov.uk/guidance/hmrc-tools-and-calculators#inheritance-tax-and-bereavement

What is included?

  • Advise on the contents of the Will;
  • Advise on the rules of Intestacy (where there is no Will);
  • Arrange valuations of the assets as at the date of death*;
  • Obtain details of the liabilities of the deceased;
  • Prepare the application for Grant of Representation;
  • Deal with any Inheritance Tax issues;
  • Consider Income Tax issues;
  • Realise the estate’s assets excluding the sale of the deceased’s property or land;
  • Deal and advise in connection with the estate liabilities;
  • Prepare Estate and Distribution Accounts;
  • Finalise the administration of the estate and deal with its distribution.

* Professional third parties will generally charge a fee.

 

 

What is not included?

  • The sale of the deceased property or land within the estate;
  • Advise on a variation to the terms of the Will or Rules of Intestacy;
  • Non UK assets;
  • Contested elements which may arise;
  • Ongoing trusts arising from the estate;
  • Disputes arising with HMRC and or DWP.

Timescales

Generally, if a matter proceeds without difficulty, we anticipate that work will be concluded within 6-12 months of receiving your instructions. This time estimate may change depending on external factors which may include the time it takes for third parties to provide valuations of estate assets; the time it may take to sell any land or property; the discovery of additional assets during the course of the matter; any unexpected tax issues which may need to be resolved with HMRC; any Department for Work & Pensions enquires in respect of overpaid state benefits or if there are difficulties in tracing beneficiaries.

Useful Links

Inheritance Tax Calculator – https://www.gov.uk/guidance/hmrc-tools-and-calculators#inheritance-tax-and-bereavement

Jones & Co fee earner profiles – https://www.jonessolicitors.co.uk/people/