01253 293 106 info@fyldelaw.co.uk
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Probate and Estate Management

If a loved one has died without a will or you have been appointed an executor in a will, you will need to apply for a Grant of Probate or a Grant of Administration to settle their affairs after their death.

At Fylde Law we understand that this is a very difficult time. We have many decades of experience and know how to respect your privacy and the wishes of your loved one, whilst at the same time dealing with the legal matters as discreetly and efficiently as possible.

We have a long track record of dealing with complex, high value administrations and are experts at managing and optimising the Inheritance Tax liabilities of high value estates.

Where the situation arises where you think the will should be, or may be about to be contested, we can give you clear, simple advice on what your rights are, on what to do next, as well as representing you in court.

Please call us on 01253 293 106 to arrange an appointment or alternatively email us via the 'quick enquiry' form and we will call you back at a time to suit you.

For  a brief guide to Probate, please click here.

 

 

Our Fees

Applying for the grant, collecting and distributing the assets

Range of Costs with Fixed Fee for Additional Work

We anticipate this will take between 7 and 8 hours work at £200.00 per hour. Total costs estimated at £1,500.00 (+VAT) for a simple probate matter with more complex matters being at a higher rate. 

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:

  • There is a valid will
  • There is no more than one property
  • There are no more than 2 bank or building society accounts
  • There are no other intangible assets
  • There are 1-2 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

Disbursements included in this fee:

  • Probate application fee of £155.00
  • £7.00 Swearing of the oath (per executor)
  • Bankruptcy-only Land Charges Department searches (£2.00 per beneficiary)
  • £200.00 (estimate) Post in The London Gazette and Local Gazette – Protects against unexpected claims from unknown creditors.

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

  • 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 any additional copies of the grant are required, they will cost £0.50 (1 per asset usually).
  • Dealing with the sale or transfer of any property in the estate is not included.

How long will this take?

On average, estates that fall within this range are dealt with within 3-4 months. Typically, obtaining the grant of probate takes 4-6 weeks. Collecting assets then follows, which can take between 1-3 weeks. Once this has been done, we can distribute the assets, which normally takes 2-4 weeks.

 

 


 

 

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