Fixed fee service
We are able to offer you a fixed fee service in circumstances where you merely wish to instruct us to obtain the Grant of Probate/Letters of Administration and where:-
(i) all assets are situated within the United Kingdom;
(ii) there is no prospect that the Will may be contested;
(iii) the estate does not comprise of a share portfolio or shares in a private company;
(iv) there is no Income Tax, Inheritance Tax or Capital Gains Tax payable in relation to the estate.
In circumstances where the deceased died intestate (i.e. without having made a valid Will), the fixed fee service is only available if the Administrators of the estate are closely related to the deceased, such as a spouse and/or adult child, and there are no minor beneficiaries.
As part of our fixed fee service, we will undertake the following work:
(i) an experienced member of our team will hold an initial face to face meeting with you;
(ii) we will check the validity of the Will (if applicable);
(iii) we will provide a checklist and advice with regard to the information that you will need to give to us, to enable us to prepare a schedule of the assets and liabilities that are included in the estate;
(iv) upon receipt of all necessary information together with supporting documents, we will draft the Oath and complete the necessary IHT forms;
(v) we will attend upon you in person to go through the documents with you and to check they are correct. Thereafter, we will arrange for you to sign the forms and swear the Oath, before proceeding to submit the application to the Probate Registry;
(vi) upon receipt of the Grant of Probate/Letters of Administration, we will check the document is correct and shall thereafter forward the same to you, together with any requested certified copies.
On the assumption that the information and documents that we require are provided to us promptly, we would expect to obtain the Grant of Probate/Letters of Administration within a period of four to eight weeks from the date of confirmation of instructions.
In estates where we are merely required to complete form IHT205, we undertake the above service for a fixed fee of £850.00 plus VAT. If, however, it is necessary to complete form IHT400, our fee will be in the region of £1,500.00 to £1,750.00 plus VAT. The exact fee will be agreed with you at the outset of the matter, once we have ascertained the extent of the work that will need to be undertaken in completing the form IHT400.
The full fixed fee will be payable within 28 days of us receiving the Grant of Probate/Letters of Administration.
In addition to this firm’s fees, external costs and expenses will be incurred known as “disbursements.” The disbursements that will be payable are as follows:-
- Probate Court fee – this is currently £155.00 plus 50 pence for each sealed copy of the Grant of Probate/Letters of Administration. It is widely anticipated that these fees will increase significantly in the near future, but we will ensure that you are kept informed of any such increase.
- Commissioner for Oaths’ fee:
Grant of Probate – £7.00 per Executor.
Letters of Administration – £5.00 per Administrator.
You will be required to pay us the Probate Court fees before we submit the application for Grant of Probate/Letters of Administration, and you will be expected to pay the Commissioner for Oaths’ fee when you swear the papers.