Applying for the Grant, collecting and distributing the assets.
The prices set out below are inclusive of VAT charged at 20%.
SERVICE | FEE |
Completing IHT 400 Taxable Estate | £3900 |
IHT 400, IHT 100- Taxable Estate | £4800 |
Non-taxable and exempt estate (no assets in trust or claim for transferable Nil rate band) | £1500 |
Disbursements:
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
The disbursements include:
- Probate court fee of £273 if estate is worth over £5,000
- Swearing of the oath – £10 + VAT
- Bankruptcy-only: Land Charges Department searches – from £22 per beneficiary.
- Publishing in The London Gazette (protects against unexpected claims from unknown creditors – from £240 + VAT
- Publishing in a Local Newspaper – from £143.50 + VAT – This also helps to protect against unexpected claims.
As part of the fees stated above we will:
- 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 Court on your behalf
- Obtain the Probate and securely send two copies to you
- Collect and distribute all assets in the estate
Below is an estimated timeframe for applying for Grant of Probate/Letters of Administration without complex affairs:
Month 1: Starting the case where there will be a detailed legal review of the estate.
Months 2-9: Obtaining the grant of Probate/Letters of Administration. Contacting all identified financial institutions correctly verify and value the estate. Completing the relevant inheritance tax forms and documentation for the court application.
Months 10-11: Following receipt of Grant from HM Probate Registry, assisting executors or administrators (where necessary) with any transfer of assets.