Bobbets Mackan Fees relating to the obtaining of a grant if probate and the administration of a deceased estate
Fees in relation to the obtaining of a grant of probate and the administration if a deceased estate
Example fees relating to applying for a grant of probate in relation to a deceased estate including the administration of that estate relating to the collection and distribution of assets
We anticipate this will take between 10 and 30 hours work at £250 per hour. Total costs estimated at between £2,500 Plus VAT (£500) and £7,500 plus VAT £1,500
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.
We will handle the full process for you. This quote is for estates where:
Disbursements included in this fee:
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Potential additional costs
On average, estates that fall within this range are dealt with within 12 to 15 months. Typically, obtaining the grant of probate takes 12 to 20 weeks. After he grant Collecting assets then follows, which can take between 12 and 16 weeks. Once this has been done, we can distribute the assets, which normally takes a further 4 o 6 weeks subject to any standing tax issues with the inland revenue which can slow this process down
Example fees relating to applying for a grant of probate in relation to a deceased estate including the administration of that estate relating to the collection and distribution of assets
Based upon a Fixed fee
We can help you through this difficult process by obtaining the Grant of Probate on your behalf. We will also undertake the collecting and distributing of assets.
We set out an example if a fixed fee for the various stages of this process
TOTAL: fixed fee of £2,500 plus VAT of £500 Total £3,000
This is based upon there being no inheritance tax and one beneficiary
Disbursements : these are payments made on behalf of the estate to achieve the grant
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
As part of our fixed fee we will:
On average, estates that fall within this range are dealt with within 3 to 6 months. Typically, obtaining the grant of probate currently takes in excess of 8 weeks.
WHO WILL CARRY OUT MY WORK
Sara Marsh - Partner - supervised by Tony Miles Senior Partner