• Livingstons Solicitors - Property“Livingstons property team provided a fast turnaround and their Fixed Fees meant there were no hidden charges.
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  • Livingstons Solicitors - Cycling“Livingstons Cycling offer a no win, no fee service to assist you in your claim for compensation.
  • Livingstons Solicitors - Probate“Livingstons Solicitors provided quality advice and guided me through the intricacies of inheritance tax.

Administration of Estates: Our Pricing Structure

General

This information is provided pursuant to the Transparency Rules which require solicitors to provide detailed information about prices of certain services.

The Transparency Rules came into force in December 2018 and apply to probate (uncontested cases with all assets in the UK).

The information set out in this document is accurate as at December 2018 and is designed to provide a general indication of your likely legal costs based on our analysis of costs of similar cases. However, costs vary considerably between matters depending upon the particular circumstances of each case and we will always endeavour to give you a personalised quotation at the outset of your matter.

Our Team

We have a specialist private client team who provide expert advice and assistance with wills, powers of attorney, obtaining grants of probate and administering estates and dealing with contested estates. All work is supervised by Lisa Dacre, Director, Solicitor and Head of our Private Client Department.

Our Fees

Example 1: Applying for the grant, collection and distribution of assets

We anticipate this will take between seven and twelve hours work at £201 per hour plus VAT. Total costs estimated at £1,400 – £2,400 plus VAT and disbursements.

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 including obtaining the grant of probate on your behalf and undertaking the collection and distribution of assets. This quote is for estates where:

  • There is a valid Will
  • There is no more than one property
  • There are no more than four bank or building society accounts
  • There are no other intangible assets
  • There are up to six beneficiaries
  • There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
  • There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
  • There are no claims made against the estate; and
  • All assets are in the UK

Disbursements* payable in addition to our fees:

  • Probate application fee of £155
  • Swearing of the oath £7 per executor
  • Bankruptcy only Land Charges Department search (£2.00 per beneficiary)
  • Trustee Act Notice in the London Gazette and a local newspaper – £225. This protects against unexpected claims from unknown creditors.

* Disbursements are costs related to your matter that we pay to third parties on your behalf, such as the probate application fee.

Potential additional costs

  • 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 additional copies of the grant are required, they will cost £0.50 per copy. You will usually need one copy for each asset.
  • Dealing with the sale or transfer of any property in the estate is not included. We can provide a separate fixed fee for dealing with the sale or the transfer upon request.

How long will this take?

On average, estates that fall within this range are dealt with within four to eight months. Typically, obtaining the grant of probate takes one to three months. Collecting assets then follows, which can take between one to three months. Once this has been done, we can distribute the assets, which normally takes three to six weeks.

Example 2: Fixed fee for obtaining the grant of probate only

We can help you through this difficult process by obtaining the Grant of Probate on your behalf, allowing you to collect and distribute the estate.

How much does this service cost?

TOTAL: £950 in total to include:-

  • Legal fees of £650.
  •  VAT on legal fees of £130.
  • Probate application fee of £155.00.
  • Swearing of the oath £7 per executor
  • 2 additional copies of the grant

Potential additional disbursements* if required

  • Bankruptcy only Land Charges Department search (£2.00 per beneficiary).
  • Trustee Act Notice in the London Gazette and a local newspaper – £225. This protects against unexpected claims from unknown creditors.
  • If additional copies of the grant are required, they will cost £0.50 per copy. You will usually need one copy for each asset.

As part of our fixed fee we will:

  • Provide you with a dedicated and experienced probate lawyer to work on your matter.
  • Identify the legally appointed executors or administrators and beneficiaries.
  • Accurately identify the type of Probate application you will require.
  • Obtain the relevant documents required to make the application.
  • Complete the Probate Application and the relevant HMRC forms.
  • Draft a legal oath for you to swear.
  • Make the application to the Probate Court on your behalf.
  • Obtain the Probate and send two copies to you.

How long will this take?

On average, estates that fall within this range are dealt with within one to three months.

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Careers

We are always on the lookout for good staff, whether or not we have any current vacancies. We are always happy to receive speculative applications and will keep your details on file should a suitable vacancy arise.

Please send your CV and covering letter to David Chadwick, Practice Manager, 9 Benson Street, Ulverston LA12 7AU

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