We can advise on all aspects of Probate. All the work is done personally by Susan Malthouse a Solicitor who has been in practice for many years and is very experienced.
These include:
All estates are different so it is difficult to give an accurate estimate of our costs involved and the timescale without an initial face to face or telephone meeting to obtain detailed information from you. There are a number of factors which affect both the cost and the timescale- these are the most typical
In addition to our professional fees which are subject to VAT at 20% there are disbursements payable as follows
After our initial discussion we would offer an estimate for the work we expect to be necessary so that you don’t have to be concerned about an hourly rate
We find that our estimates for average estates are around 2% of the value of the estate but for larger estates they are less.
It is difficult to estimate timescales especially at the moment when the new Government Probate Service has a considerable delay because it is a new system which has suffered teething problems with the addition of the Covid delays which are affecting most organisations.
In normal times We would suggest a period of 6 months to the Grant being issued, possibly a lot less for smaller estates and a bit longer for larger ones especially if Inheritance Tax is payable. The collection of assets and payment of liabilities depends on the nature of the assets and whether for example it involves selling a property or shares. Typically it might take up to six months so we would hope the whole process would be completed within a year.
We would love to hear from you. Contact us using the methods below for a free, no obligation consultation.
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