Please click here for our latest COVID-19 information.

Our Fees - Probate

Solicitors in Essex & London

Our fees for dealing with the administration of an estate tend to be in the region of 1.0% - 2.5% of the total value of the estate exclusive of VAT. 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 estate assets, costs will be at the higher end.

We can handle the full process for you and the above fee estimate is based on estates where:

  • There is a valid will
  • There is no more than one property
  • There are only a small number of bank or building society accounts and other monetary assets
  • There are no other intangible assets
  • There are only a small number of 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 are no claims made against the estate
  • There are no complex Inheritance Tax considerations

On average, estates that fall within this range are dealt with within 6 - 8 months. Typically, obtaining the grant of probate takes 2 to 3 months.

The duration of the post-grant period varies depending on the nature of the estate. It will include collecting in the estate assets dealing with any administration tax liabilities, preparation of the final estate accounts and distributing the assets. The entire post grant process typically takes 3 to 6 months. .

If we just obtain the Grant of Probate for you rather than dealing with the full administration, our fees for simple estates will be fixed at £1,500 plus VAT. Our fees will be higher than this if the estate is more complex. It usually takes 4 - 6 weeks from the date of our instruction to obtain the Grant. As part of our fixed fee we will:

  • Pay the deceased’s debts (including unknown debts)
  • 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 Registry on your behalf
  • Obtain the Probate and securely send to you
Disbursements will be payable in addition to our fees both for the full administration of the estate and if we just obtain the Grant of Probate for you:
  • Probate application fee – £155
  • Swear fee - £7.00 (per executor)
  • Bankruptcy Search £2.00 (per beneficiary)
  • Publication of Statutory Notices £150 ( Protects executors against unexpected claims from unknown creditors)

Disbursements are costs related to your matter that are payable to third parties. We handle the payment of the disbursements on your behalf if we are acting in the full administration.

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.

Find out more about our Probate services

If you feel that you require further legal advice about the duties and responsibilities of being an Executor, please feel free to contact any of our probate solicitors directly. We offer free initial consultations to discuss your plans and issues in more detail in any of our five offices across Essex and London, are able to see clients at short notice, and also offer home visits to those who are unable to personally attend our offices.

Our Probate accreditations include:

The Legal 500

© Pinney Talfourd Solicitors | Disclaimer | Offices: Upminster | Brentwood | Hornchurch | Leigh-on-Sea | Canary Wharf