Our Probate Costs

Set out below is our fees for dealing with a basic and complex estate. We have also provided details of fixed fee probate costs.

Probate costs for dealing with a basic estate

Our standard charges for probate work is based on a reduced hourly rate of £225.00 plus VAT (£270.00 per hour) plus a maximum of 1% of the gross value of the personalty of the estate (e.g. bank accounts/investments) and 0.5% of the gross value of the realty (e.g. house).

We anticipate that a basic estate will take between 5 and 20 hours work at £225.00 plus VAT per hour. Total costs estimated at £1,125.00 – £4,500.00 plus VAT (including VAT £1,350.00 – £5,400.00) plus the 1% personalty charge and 0.5% realty.

The exact cost will depend on the individual circumstances of the matter. 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, costs will be at the higher end.

We will handle the full process for you. This quote is for estates where:

  • There is a valid will
  • There is no more than one property
  • There are no more than 5 bank or building society accounts
  • There are no other intangible assets
  • There are 1-4 beneficiaries
  • There are no disputes between beneficiaries on 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 full account to HMRC
  • There are no claims made against the estate

Likely Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees.

  • Probate application fee of £155.00 plus £1.50p per additional copy
  • Bankruptcy-only Land Charges Department searches (£2 per beneficiary plus VAT)
  • Post in The London Gazette – Protects against unexpected claims from unknown creditors – this fee normally ranges from £150 – £200.00 depending on locality and includes VAT.

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.
  • Dealing with the sale or transfer of any property in the estate is not included.
  • Dealing with any claims made against the estate
  • Dealing with any disputes between beneficiaries

How long will this take?

On average, estates that fall within this range are dealt with within 4-6 months. Typically, obtaining the grant of probate takes 6-12 weeks (depending on the complexity of the estate). Collecting assets then follows, which can take between 6-8 weeks. Once this has been done, we can distribute the assets, which normally takes 2-4 weeks.

Probate costs with a complex estate (including taxable estates)

This guide is for more complex estates including, but not limited to, estate where:

  • There are multiple bank accounts or investments
  • There are shareholdings
  • There is inheritance tax to pay
  • There is a full account to be submitted to HMRC

Our standard charges for probate work is based on a reduced hourly rate of £225.00 plus VAT (£270.00 per hour) plus a maximum of 1% of the gross value of the personalty of the estate (e.g. bank accounts) and 0.5% of the gross value of the realty (e.g. house).

We anticipate that a more complex estate will take a minimum of 20 hours work at £225 per hour. Total legal costs estimated at a minimum of £4,500.00 plus VAT (£5,400.00) plus the 1% personalty charge and 0.5% realty.

The exact cost will depend on the individual circumstances of the matter.

For example, if there is one beneficiary, bank accounts but no shares or property, costs will be around the minimum fee detailed above. If there are multiple beneficiaries, multiple bank accounts and shares and a full inheritance tax account to be prepared for HMRC, costs will be around £7,500.00 – £10,000.00 plus VAT (£9,000.00 – £12,000.00 including VAT), plus the 1% personalty charge and 0.5% realty. We can give you a more accurate quote once we have more information on the particular circumstances.

Likely Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees.

  • Inheritance Tax – the amount will differ with each estate.
  • Probate application fee of £155 plus £1.50p per additional copy
  • Bankruptcy-only Land Charges Department searches (£2 per beneficiary plus VAT)
  • Post in The London Gazette – Protects against unexpected claims from unknown creditors – this fee normally ranges from £150 – £200.00 depending on locality and includes VAT.

Potential additional costs

  • Dealing with the sale or transfer of any property in the estate is not included.
  • Dealing with any disputes with HMRC
  • Dealing with disputes between beneficiaries
  • Dealing with any claims made against the estate

How long will this take?

On average, estates that fall within this range are dealt with within 6-18 months. Typically, obtaining the grant of probate takes 12-24 weeks (depending on the complexity of the estate). Collecting assets then follows, which can take between 6-8 weeks (longer if shares are involved). Once this has been done, we can distribute the assets, which normally takes 2-4 weeks may be longer if multiple beneficiaries).

Stages of Typical Probate matter

  • Consideration of all the papers and documents relating to the assets in the e
  • Taking an inventory of the deceased’s assets including value of property, cash, savings, stocks, shares, pensions, possessions etc.
  • Notifying and corresponding with all relevant organisations to inform them of the death.
  • Obtaining valuations of all of the assets and liabilities of the estate.
  • Notifying beneficiaries of their entitlement.
  • Upon receipt of the Grant of Representation, collecting in all the assets in the e
  • Paying any Inheritance Tax due.
  • Discharging the liabilities at the date of death and the liabilities incurred during the administration of the e
  • Distributing the assets to the named beneficiaries (whether specific possessions, cash sums etc.)
  • Drawing up Estate Accounts showing how the estate has been distributed.
  • Securing the assets of the deceased including ensuring adequate buildings insurance is in place for any properties

Fixed Fee Probate

We can help you through this difficult process by obtaining the Grant of Probate on your behalf.

How much does this service cost?

Fixed fee of £995.00 + VAT for obtaining a grant of probate only.

This quote is for estates where:

  • There is a valid will
  • There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
  • The executors wish to conduct the administration of the estate themselves but require assistance with the HMRC forms and applying for probate.

Likely Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees.

  • Probate application fee of £155 plus £1.50p per additional copy
  • Post in The London Gazette – Protects against unexpected claims from unknown creditors – this fee normally ranges from £150 – £200.00 depending on locality and includes VAT

What tasks will we undertake?

  • Provide you with a dedicated and experienced probate solicitor to work on your matter
  • Draw up the relevant Inheritance Tax account based on the figures that you have provided.
  • Draft the Executor’s Statement of Truth and arranging for documentation to be sworn
  • Make an application to the Probate Registry for the Grant of Representation.
  • Receive the Grant of Representation from the Probate Registry

What tasks are not included within the fixed fee?

The following tasks will still need to be undertaken by the executor/administrator:

  • Consideration of all the papers and documents relating to the assets in the e
  • Taking an inventory of the deceased’s assets including value of property, cash, savings, stocks, shares, pensions, possessions etc.
  • Notifying and corresponding with all relevant organisations to inform them of the death.
  • Obtaining valuations of all of the assets and liabilities of the estate.
  • Notifying beneficiaries of their entitlement.
  • Upon receipt of the Grant of Representation, collecting in all the assets in the e
  • Paying any Inheritance Tax due.
  • Discharging the liabilities at the date of death and the liabilities incurred during the administration of the e
  • Distributing the assets to the named beneficiaries (whether specific possessions, cash sums etc).
  • Drawing up Estate Accounts showing how the estate has been distributed.
  • Securing the assets of the deceased including ensuring adequate buildings insurance is in place for any properties.

On average, estates that fall within this fixed fee are dealt with within 2 months of receiving all the required information and figures from the executor.

Our Team

Our Probate department consists of three qualified solicitors (with over ten years’ experience) and a team of highly trained probate assistants. The Team is supervised by, Zoe Riley, who has been STEP qualified since 2017.

For further information, please call us on 01524 402050 / 01539 565990 or alternatively complete the Enquiry form below.

Enquiry Form

It is re-assuring to know that things are performing as well as can be expected in the financial markets and I am grateful for your care and attention.

Wright & Lord satisfied customer

We appreciate your help and guidance which we valued highly when you acted for us previously.

Wright & Lord satisfied customer

Thank you for your profecssional help and advice.  It is encouraging to think that you would be willing to act for us again as an Independent Financial Adviser.

Wright & Lord satisfied customer

We were worried that we would not be able to find a mortgage lender to grant us a loan.  Thanks so much for your endevours, we are now looking for our new house.

Wright & Lord satisfied customer

We are so pleased with your help and advice that we have recommended you to our friends.  We told them you would explain the whole process involved as well as getting them a mortgage.

Wright & Lord satisfied customer

Thanks for seeing us last Wednesday evening.  It is difficult to find time to sort out a mortgage when you both work!  You explained everything so well that even I understood.

Wright & Lord satisfied customer