Where we do not know all the details relating to your matter (for example, in administering a deceased person’s estate from start to finish which will involve us in investigating and ascertaining assets liabilities and even beneficiaries of the estate), our charges will be calculated according to the time spent by partners, solicitors and legal staff in dealing with the estate.
For meetings, discussions and other work progressing the administration of the estate, the hourly charging rates (excluding VAT) of our Solicitors and legal staff are:
Grade
Hourly Rate
VAT
Total
Kelly Hurst (Head of Wills & Probate)
£300
£60
£360
Paul Rowley (Associate)
£275
£55
£330
Sharon Rowley (Legal Executive)
£275
£55
£330
Yvonne Nordass (Solicitor)
£275
£55
£330
David Emery-Jones (Senior Associate)
£275
£55
£330
Trainee Solicitors and Paralegals
£160
£32
£192
Case Workers
£100
£20
£120
VAT will be added at the current rate (presently 20%)
If less than one hour is involved, we calculate the time spent in units of six minutes. (One six minute unit equals 10 per cent of the hourly rate).
• Telephone calls and letters are treated as follows:
• Telephone calls (made and received by us) are recorded in units each of six minutes;
• Short and routine letters (written and received, including faxes and emails) are counted as six minutes each
We will handle the entire process for you.
Below we detail what services are covered in our standard fee and any likely disbursement costs.
As a general guide, our average standard legal fee for an uncontested probate matter, for a full-service administration of an estate including property is from £4000.00 plus VAT – £6000.00 plus VAT (a total cost of £4800.00 – £7,200.00 Inc. VAT) plus Disbursements.
Our Standard Fee estimate above is for estates where: –
• There is a valid will.
• There is no more than one property.
• There is no more than £325,000.00 in the bank or building society accounts.
• There are no other intangible assets.
• There are 1 – 2 beneficiaries.
• There are no disputes between beneficiaries on the 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 complete account to HMRC.
• There are no claims made against the estate.
• There is no tax clearance awaited for either inheritance or income tax.
If at any stage, our fees change, we will notify you and discuss the reason for any changes. This would typically occur if you change your instructions or your case involves an unforeseen complexity.
Our Average Fees Assume That:
1. The transaction is concluded in a timely manner, and no unforeseen complications arise.
2. All parties to the transaction are cooperative, and there is no unreasonable delay from any parties providing documentation.
The cost of administering a deceased person’s estate will depend entirely on the individual circumstances of the matter and the amount of work we are required to undertake on your behalf.
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, prices will be at the high end.
Also, costs will be lower if there is a valid Will, no more than one property, no more than two bank or building society accounts, one or two beneficiaries, no disputes between beneficiaries, no claims against the estate, no Inheritance Tax payable. The executors do not need to submit a full account of the estate to H.M. Revenue & Customs.
Costs are likely to be higher if there is no Will if the estate holds any stocks and shares, if there are any foreign assets, or if Inheritance Tax is payable.
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