Letters of Administration
When someone dies leaving a Will their estate will need to go through a process called Probate. The process will involve
proving the validity of the will and appointing an Executor. An Executor will have the power to sign any document which the
deceased would have signed whilst the deceased was alive. The order granted by the Court is called
a Grant of Probate.
dies without leaving a Will an Administrator must be appointed to administer the estate of the person who has died. Usually
the next of kin of the deceased will apply for a grant of “Letters
Administration of the Estates
This is a process by which the Executor or Administrator collects together the deceased’s paperwork,
applies to the Court for a Grant of Probate or Grant of Letters of Administration. Thereafter they collect in the money and
property into the deceased’s estate, pay any debts and distribute the estate amongst the relevant beneficiaries. They
will also finalise the deceased’s income tax affairs and pay where necessary any inheritance tax due.
The Cost of Probate
We charge by the hour for dealing with probate matters. The current hourly rate is £250 Plus VAT
at 20%. An estimate of the likely cost is given when we know the details of the deceased's assets and liabilities
and the number of beneficiaries involved.
The average cost of dealing with the administration of an estate is between £1,700.00 plus VAT at 20% and £3,500.00
plus VAT at 20% dependant on the complexity of the matter.
We will provide you with an accurate estimate when we have more information about the Will, if any, the
assets and beneficiaries. The court fee on 1st April 2021 is £155.00 plus £1.50 for each copy of the grant that
is required. We usually obtain several copies of the grant so that one can be sent to each of the financial institutions in
which the deceased held investments.
Our service will be carried out by either Nicole Jacobs or Vanessa Forson both legally qualified solicitors who have
more than 15 years’ experience in dealing with probate matters.
application fee of £155
£80 Swearing of the oath (per Executor)
Bankruptcy-only Land Charges Department searches (£2 per beneficiary)
£73.20 plus VAT (rate in 2021) Post in The London
Gazette – Protects against unexpected claims from unknown creditors.
£215 Plus VAT (approximately) Post in a Local Newspaper – This
also helps to protect against unexpected claims.
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.
Factors to Consider
The cost of dealing with the administration of an estate varies according to a variety of factors such as:
Whether there is a valid will
The number of properties owned by the Deceased
The number of bank accounts and investments
owned by the Deceased
there are any intangible assets
The number of beneficiaries
There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to
lead to an increase in costs
Whether inheritance tax is payable and whether a full
account needs to be submitted to HMRC
Whether there are any claims made against the estate
service includes: -
writing to all banks and financial institutions, including
utility companies, to whom the deceased owed money
advising on important steps
to be taken by the Executors or Administrators
drafting the HMRC account and
court forms and documents
Obtaining details of the beneficiaries
and writing to them about their inheritance
corresponding and preparing
a report to the Executors or Administrators
preparing a report to you
submitting an application for probate
paying any inheritance tax
receiving the grant
advertising for creditors when
collecting in the assets of the estate and paying any debts
and paying any specific beneficiaries their entitlement
preparing an administration
account and finalising where necessary the deceased’s income tax affairs
reporting to HMRC any taxable income or capital gains during the administration
issuing accounts for approval and receiving approval to the accounts from the Executors and/or the beneficiaries
searching against beneficiaries at the Land Charges Registry and distributing the estate to the beneficiaries
including settling any tax or other liabilities.
Potential additional costs
If there is no will or the estate consists of any share holdings (stocks
and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to
be dealt with. We can give you a more accurate quote once we have more information.
Additional copies of the grant are charged at£1.50
with the sale or transfer of any property in the Estate is not included.
The matter normally takes between 6 and 18 months to complete.
Fixed Fee Probate
We can help you through this
difficult process by obtaining the Grant of Probate on your behalf. Our service is limited to meeting with you, drafting the
HMRC account, preparing the court papers, sending you a report on the documents prepared and applying to the court for the
grant of probate. We will not deal with the administration of the estate or any tax matters when offering this service. This
service is conditional on:
1 The estate does not exceed £1,000,000 where the spouse
or charity exemption applies, and
2 The estate does not exceed
the nil rate band (currently £325,000.00) except where the spouse/civil partner or charity exemption applies or transfer
of unused nil rate band applies.
fixed fee price for just obtaining the grant of probate is £900.00 plus VAT at 20%.
The court fee on 1st April 2021 is £155.00
£1.50 for each copy of the grant that is required.
£80 Swearing of the oath (per Executor)
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.
As part of our fixed fee
Provide you with a dedicated and experienced probate
solicitor to work on your matter
Identify the legally appointed Executors or Administrators and beneficiaries
Accurately identify the type of Probate application
you will require
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
the Probate and securely send two copies to you
average, estates that fall within this range are dealt with within 2-4 months. Typically, preparing the
estate accounts takes approximately 1 month and obtaining the grant of probate takes 2 months.