At Forbes Solicitors, we understand that dealing with a loved one’s estate can already be a difficult and emotional time. The last thing you need is uncertainty around legal costs. That’s why we’re committed to being as transparent as possible about our fees for probate and estate administration. Whether you require help with a single aspect of the process or full estate administration, you’ll know exactly what to expect from the start.
The administration of an estate includes applying for a Grant of Probate or Letters of Administration, collecting in and distributing the assets of the estate to the beneficiaries as set out in the Will of the deceased or under the Intestacy Rules (if the person passed away with no Will).
A HMRC inheritance tax form IHT400 will be required for estates where inheritance tax is due or where full details of the estate are required by HMRC.
If the estate is straightforward and non-complex, it is sometimes the case that you may need a solicitor's assistance in applying for the Grant only and are able to deal with the rest of the administration yourself.
Alternatively we can deal with all aspects of probate and administration of an estate where we will calculate our fee depending on the value and complexity of the estate.
Our charges for obtaining Grant of Probate/ Letters of Administration only, are fixed fees. We complete the application based on information provided by you. We do not contact any of the organisations and do not validate the information provided. When the Grant is received we forward it to you, for you to collect in the assets and distribute to the beneficiaries.
Following the issue of the Grant, if you wish to sell any property in the estate, or have it transferred into the names of beneficiaries, this work will be quoted for separately.
Our charges for obtaining Grant of Probate/ Letters of Administration only, are fixed fees. We complete the application based on information provided by you. We do not contact any of the organisations and do not validate the information provided. When the Grant is received we forward it to you, for you to collect in the assets and distribute to the beneficiaries.
Following the issue of the Grant, if you wish to sell any property in the estate, or have it transferred into the names of beneficiaries, this work will be quoted for separately.
| Probate Services | Fees |
|---|---|
| Obtaining Grant only estate value less than £325,000 | £1,500 + VAT @ 20% |
| Obtaining Grant only with form IHT400 | £2,000 + VAT @ 20% |
Our fees for full administration are on a time spent basis at our standard hourly rates; each hour is broken down into six minute units. Our work is carried out by the team at different levels. Hourly rates range from £135 to £300 depending on seniority and experience.
We will handle the full process for you. For estates where:
There is a valid Will
There is no more than one property
There are no more than 3 bank or building society accounts
There are no other investments
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
as a guide we would expect these type of estates to take between 15 to 25 hours of work with legal fees estimated at £4,000 to £8,000 (+VAT at 20%).
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.
If you are selling property from the estate, this would be dealt with by our conveyancing team and will be quoted for separately.
Our fees for full administration are on a time spent basis at our standard hourly rates; each hour is broken down into six minute units. Our work is carried out by the team at different levels. Hourly rates range from £135 to £300 depending on seniority and experience.
We will handle the full process for you. For estates where:
There is a valid Will
There is no more than one property
There are no more than 3 bank or building society accounts
There are no other investments
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
as a guide we would expect these type of estates to take between 15 to 25 hours of work with legal fees estimated at £4,000 to £8,000 (+VAT at 20%).
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.
If you are selling property from the estate, this would be dealt with by our conveyancing team and will be quoted for separately.
Higher value estates worth over £1m
Lifetime gifts
Claims to transfer Inheritance Tax Nil Rate Band
or Residence Nil Rate Band
Business or agricultural property
Multiple properties
Multiple beneficiaries or missing beneficiaries
Charitable beneficiaries
Multiple bank accounts or shareholdings
Operating or selling a business
Private company shares
Assets abroad
Assets of a specialist nature i.e. fine art
Complex tax issues including taxable estates
An unclear Will
Property issues i.e. missing title deeds
Arranging/involvement with clearing property and preparing for sale
Transfer of investments and other assets to beneficiaries
Deeds of Variation, disclaimer or renunciation of executor
DWP investigations or claims against the estate
Engagement in litigation or a contested or disputed estate
Any other duties of an unusual or complex nature
Higher value estates worth over £1m
Lifetime gifts
Claims to transfer Inheritance Tax Nil Rate Band
or Residence Nil Rate Band
Business or agricultural property
Multiple properties
Multiple beneficiaries or missing beneficiaries
Charitable beneficiaries
Multiple bank accounts or shareholdings
Operating or selling a business
Private company shares
Assets abroad
Assets of a specialist nature i.e. fine art
Complex tax issues including taxable estates
An unclear Will
Property issues i.e. missing title deeds
Arranging/involvement with clearing property and preparing for sale
Transfer of investments and other assets to beneficiaries
Deeds of Variation, disclaimer or renunciation of executor
DWP investigations or claims against the estate
Engagement in litigation or a contested or disputed estate
Any other duties of an unusual or complex nature
A specialist solicitor dealing with your case
Meetings with you
Probate valuation of investments (not including property valuations, chattels valuations for jewellery and fine art etc or share valuations which may incur a separate charge - see disbursements)
Preparing the probate application and any inheritance tax forms
Postage and telephone costs as well as all correspondence received and sent out
Arranging statutory notices
Closing accounts, arranging the sale or transfer of investments and assets
Arranging for income tax affairs to be dealt with.
Preparation of Estate accounts to evidence the distribution of the estate.
Distributing the Estate to beneficiaries
A specialist solicitor dealing with your case
Meetings with you
Probate valuation of investments (not including property valuations, chattels valuations for jewellery and fine art etc or share valuations which may incur a separate charge - see disbursements)
Preparing the probate application and any inheritance tax forms
Postage and telephone costs as well as all correspondence received and sent out
Arranging statutory notices
Closing accounts, arranging the sale or transfer of investments and assets
Arranging for income tax affairs to be dealt with.
Preparation of Estate accounts to evidence the distribution of the estate.
Distributing the Estate to beneficiaries
All fees quoted above are exclusive of disbursements, expenses and third party costs incurred e.g. estate agents, valuation fees and conveyancing costs, which will be charged in addition to the fees quoted above. The regular disbursements that may arise on the administration of an estate include but are not limited to the following:
Land Registry Office Copies - £7 plus VAT@20% per title
Bankruptcy searches- £6 plus VAT@20% per beneficiary/payment
Statutory Notices Fee - £200 - £250 (approx)
Dormant Asset Search Fee - £195 plus VAT@20%
Probate Court Fee (payable to HM Courts & Tribunal Services) - £300 plus £16 for each official copy of the grant required
If required, we will charge a fee of up to £15.00 plus VAT for each check to verify your identity.
Our Probate and Estate Administration Fees do not include:
Accountant's Fees - this may be required if estate tax returns are needed for the estate administration period. For more information on estate tax returns and the necessary forms, you can visit gov.uk
Conveyancing Fees on sale of a property - this can, however, be dealt with by our conveyancing department, which can be cost-effective and quicker due to having everything dealt with "under one roof". Obtain a quote for property sale or transfer here.
Estate Agents' Fees - these would be agreed with whichever estate agent is instructed to deal with any property sale. For a full case-specific estimate, please contact us to discuss the specifics of your probate and administration of the estate needs.
All fees quoted above are exclusive of disbursements, expenses and third party costs incurred e.g. estate agents, valuation fees and conveyancing costs, which will be charged in addition to the fees quoted above. The regular disbursements that may arise on the administration of an estate include but are not limited to the following:
Land Registry Office Copies - £7 plus VAT@20% per title
Bankruptcy searches- £6 plus VAT@20% per beneficiary/payment
Statutory Notices Fee - £200 - £250 (approx)
Dormant Asset Search Fee - £195 plus VAT@20%
Probate Court Fee (payable to HM Courts & Tribunal Services) - £300 plus £16 for each official copy of the grant required
If required, we will charge a fee of up to £15.00 plus VAT for each check to verify your identity.
Our Probate and Estate Administration Fees do not include:
Accountant's Fees - this may be required if estate tax returns are needed for the estate administration period. For more information on estate tax returns and the necessary forms, you can visit gov.uk
Conveyancing Fees on sale of a property - this can, however, be dealt with by our conveyancing department, which can be cost-effective and quicker due to having everything dealt with "under one roof". Obtain a quote for property sale or transfer here.
Estate Agents' Fees - these would be agreed with whichever estate agent is instructed to deal with any property sale. For a full case-specific estimate, please contact us to discuss the specifics of your probate and administration of the estate needs.
Timescales will depend on the complexity of the Estate. In probate matters, it can take up to 6 months before probate is granted and it can be at least a further 6 months before the estate is finalised. Sometimes there are complications and the matter can become more protracted but we would seek to keep you updated with any unexpected delays in dealing with the administration. If appropriate we would make interim distributions prior to the administration being completed.
Timescales will depend on the complexity of the Estate. In probate matters, it can take up to 6 months before probate is granted and it can be at least a further 6 months before the estate is finalised. Sometimes there are complications and the matter can become more protracted but we would seek to keep you updated with any unexpected delays in dealing with the administration. If appropriate we would make interim distributions prior to the administration being completed.
Partner and Head of Wills, Probate, Tax and Trusts, Wills, Probate, Tax & Trusts
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