Call us Today

tel0161 330 9121

WILLS, LPAs & PROBATE COSTS AS FROM 01.03.2019

WILLS

Standard wills – usually one property and estate left to spouse and/or children or a limited number of beneficiaries.

One person £130.00 Plus VAT
Double (Mirror) wills £240.00 Plus VAT
Trust will re property £375.00 Plus VAT
Severance of joint tenancy £60.00 Plus VAT

 

More complicated wills involving e.g. trusts, complicated provisions or multiple beneficiaries will be charged for on the basis of the work involved and a quote will be given at the first appointment.

The price of all wills includes

  • Registering on the Certainty national will register
  • Free Storage of original will

LASTING POWERS OF ATTORNEY

Property & Finance OR Health & Welfare Single £400.00 Plus VAT
Property & Finance  OR Health & Welfare Double £600.00 Plus VAT
Property & Finance AND  Health & Welfare Single £600.00 Plus VAT
Property & Finance AND  Health & Welfare Double £900.00 Plus VAT

 

 PROBATE

Obtaining the Grant only
(Client provides all financial information)
£650.00 Plus VAT
If need to claim transfer of Spouse’s IHT £750.00 Plus VAT
If full Inheritance tax form IHT 400 has to be completed but no tax is payable £1,000.00 Plus VAT

 

For dealing with a full probate to include obtaining all the information on the size of the estate, obtaining valuations advising beneficiaries, preparing and dealing with probate papers IHT returns, applying for the grant of representation, collection and sale of assets and distribution of the estate, we will charge at an hourly rate of £225.00

Minimum charge         £1,500.00 = VAT

We estimate that a straightforward estate including one house, simple shares, no more than 4 bank accounts and 2 or 3 beneficiaries will cost on average £3,000 – £5,000 plus VAT

If inheritance tax is payable on the estate then the charges will be the hourly rate of £225 plus 1% of the value of the gross estate (excluding any house). An estimate of likely costs will be given a

Several Beneficiaries

Additional cost if Beneficiaries are to be traced

List of likely payments

Probate Court fee – currently £155 plus additional copies of sealed Grant 50p each

(Likely to increase considerably from 1st April 2019)

Land Registry copies relating to each property – £3.

Statutory Notices in London Gazette/Local Press (protection of Executors against unknown debts) approximately £250.

 

DEEDS OF VARIATION

From £250 plus VAT

Deeds of Renunciation

 From £250 plus VAT