Looking after clients' legal affairs since 1794
Grant of Probate and estate administration services in Romford, Essex.
Hunt & Hunt's charges for obtaining the Grant of Probate are summarised below, for estates with a valid Will, no more than one property, no more than six bank accounts, no other intangible assets, 1-4 beneficiaries and no Inheritance Tax payable.
If you provide all the information and the estate is under £325,000, our fee is £1,600 plus VAT and disbursements, with a total fixed fee of £2,450 including VAT.
Where the estate is under £650,000 and no Inheritance Tax is payable due to the transferable nil rate band, our fee is £1,800 plus VAT and disbursements, totalling £2,690 including VAT.
Where the estate is over £650,000 and no Inheritance Tax is payable due to the transferable nil rate band and Residence Nil Rate Band, our fee is £2,200 plus VAT and disbursements, totalling £3,170 including VAT.
For larger qualifying estates, legal fees are £2,500 plus VAT and disbursements, totalling £3,530 including VAT.
Where Inheritance Tax is chargeable, our fees are charged at an hourly rate of £300 plus VAT and disbursements.
For administration following the Grant of Probate, or more complex estates, we charge at an hourly rate of £300 plus VAT, with full administration typically estimated at £2,400-£4,800 plus VAT and disbursements.
We provide a dedicated and experienced probate practitioner to work on your matter.
We identify the legally appointed Executors and Beneficiaries.
We accurately identify the type of application required for the Probate Court.
We complete the Probate Application and the relevant HMRC forms.
We make the application to the Probate Court on your behalf.
We obtain the Probate and securely send sealed copies to you.
On average, estates that fall within our fixed fees receive the Grant of Probate in 4-6 months. Full Estate Administration cases typically take 8-12 months: obtaining the Grant takes 4-6 months, including submitting the Inheritance Tax Account to HMRC, collecting assets takes around 2 months, and distributing assets normally takes 2-4 months, longer where Inheritance Tax is payable as HMRC clearance is needed first.
Get in touch with our Romford solicitors to discuss your situation.