The exact cost of dealing with any probate matter is dependent on a number of factors. For example, whether or not there is a Will, the number of beneficiaries/monetary bequests, the number and type of assets held by the deceased, whether any reliefs can be claimed and whether the estate is taxable. If these factors apply there may be additional work which may increase our charges.
We set out below our range of fees. VAT, where applicable, is charged at the standard rate of 20%.
| NON TAXABLE ESTATE – GROSS VALUE BELOW THE CURRENT INHERITANCE TAX NIL RATE BAND OF £325,000 |
To obtain the Grant for Estates within the following Asset ranges: Up to 5 Assets in the Estate - £1,560 - £2,040 plus £312-£340 VAT (Totalling £1,872 - £2,040 inc..VAT at 20%) Up to 10 Assets in the Estate - £,1,800 - £2,400 plus £360-£480 VAT (Totalling £2,160 - £2,880 inc.VAT at 20%). To collect in, administer and distribute the Estate within the following Asset ranges: Up to 5 Assets in the Estate - £1,560 - £2,040 plus £312-£408 VAT (Totalling £1,870 - £2,228 inc.VAT at 20%). Up to 10 Assets in the Estate - £1,920 - £2,400 plus £384-£480 VAT (Totalling £2,304 - £2,880 inc.VAT at 20%) |
| NON TAXABLE ESTATE – AS A RESULT OF AVAILABLE RELIEFS AND/OR EXEMPTIONS (EXCEPTED ESTATE) |
To obtain the Grant for Estates within the following Asset ranges: Up to 5 Assets in the Estate -£1,800 - £2,400 plus £360-£480 VAT (Totalling £2,160 - £2,880 inc.VAT at 20%) Up to 10 Assets in the Estate - £2,280 - £2,880 plus £456-£576 (Totalling £2,736 - £3,456 inc.VAT at 20%) 11 Assets plus - £2,880 - £7,200 plus £576-£1,440 VAT (Totalling £3,456 - £8,640 inc.VAT at 20%) depending on complexity – please contact us for a bespoke estimate. To collect in, administer and distribute the Estate within the following Asset ranges: Up to 5 Assets in the Estate - £1,800 - £2,400 plus £360-£480 VAT (Totalling £2,160 - £2,880 inc. VAT at 20%). Up to 10 Assets in the Estate - £2,280 - £2,880 plus £456-£576 VAT (Totalling £2,736 - £3,456 inc.VAT at 20%) 11 Assets plus - £2,880 - £7,200 plus £576-£1,440 (Totalling £3,456 - £8,640 inc.VAT at 20%) depending on complexity – please contact us for a bespoke estimate |
| NON TAXABLE ESTATE – AS A RESULT OF AVAILABLE RELIEFS AND/OR EXEMPTIONS AND LONG FORM RETURN (IHT400) TO THE REVENUE IS REQUIRED |
To obtain the Grant for Estates within the following Asset ranges: Up to 5 Assets in the Estate - £3,600 - £4,200 plus £720-£840 VAT (Totalling £4,320 - £5,040 inc.VAT at 20%). Up to 10 Assets in the Estate - £4,200 - £6,000 plus £840-£1,200 (Totalling £5,040 - £7,200 inc.VAT at 20%) 11 Assets plus - £6,000 - £12,000 plus £1,200- £2,400 (Totalling £7,200 - £14,400 inc.VAT at 20%) depending on complexity – please contact us for a bespoke estimate. To collect in, administer and distribute the Estate within the following Asset ranges: Up to 5 Assets in the Estate - £2,280 - £3,120 plus £456-£624 VAT (Totalling £2,736 - £3,744 inc.VAT at 20%) Up to 10 Assets in the Estate - £3,120 - £3,960 plus £624-£792 VAT (Totalling £3,744 - £4,752 inc.VAT at 20%). 11 Assets plus - £3,960 - £12,000 plus £792-£2,400 (Totalling £4,752 - £14,400 inc.VAT at 20%) depending on complexity – please contact us for a bespoke estimate) |
| TAXABLE ESTATE – LONG FORM RETURN (IHT400) TO THE REVENUE IS REQUIRED |
To obtain the Grant for Estates within the following Asset ranges: Up to 5 Assets in the Estate - £3,600 - £4,800 plus £720-£960 VAT (Totalling £4,320 - £5,760 inc VAT at 20%). Up to 10 Assets in the Estate - £4,800 - £6,000 plus £960-£1,200 VAT (Totalling £5,760 - £7,200 inc. VAT at 20%). 11 Assets plus - £6,000 - £12,000 plus £1,200-£2,400 (Totalling £7,200 - £14,400 inc. VAT at 20%) depending on complexity – please contact us for a bespoke estimate) To collect in, administer and distribute the Estate within the following Asset ranges: Up to 5 Assets in the Estate -£3,600 - £4,800 plus £720-£960 VAT (Totalling £4,320 - £5,760 inc.VAT at 20%). Up to 10 Assets in the Estate - £4,200 - £5,400 plus £840-£1,080 VAT (Totalling £5,010 - £6,480 inc. VAT at 20%). 11 Assets plus - £5,400 - £12,000 plus £1,080-£2,400 (Totalling £6480 - £14,400 inc. VAT at 20%) depending on complexity – please contact us for a bespoke estimate) |
| Please note that a Value element may be charged in addition to the above fees, for more information, please click here. | |
DISBURSEMENTS
In both a non-taxable and a taxable estate there will in addition be disbursements to be paid. Disbursements are costs related to your matter that are payable to third parties, and will in all cases include commissioner’s fees and court fees.
Probate Court fees: currently £300.00 for the Grant plus £16 for each sealed copy requested at the time of application.
There may also be, for example:
- Bankruptcy search fees: £6.00 per name.
- Trustee Act Notices in the London Gazette and a local newspaper: Approximately £210.00.
- If the estate consists of property and/or shares there may be valuation fees and disposal or transfer fees.
This is not however an exhaustive list.
