Your matter will be handled by one of our specialist lawyers and you will be dealing directly with one of the following team.
Please do feel free to telephone or email any of us and we will be delighted to discuss your matter with you in the context of your particular situation and provide you with a costs estimate.
We anticipate this will take between 10 and 30 hours work. Based upon a current STEP qualified partner’s hourly rate of £285 plus VAT per hour, the total costs would be between £2,883 plus VAT and £8,655 plus VAT.
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs would usually be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs would usually be at the higher end.
We will handle the full process for you, although if preferred by you, we may agree at the outset that you will deal with certain aspects of the estate administration. This quote is for estates where:
Disbursements not included in this fee:
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 above are examples but not an exhaustive list as each case is different and in some cases there may be additional disbursements and / or optional ‘extras’ you may wish to consider (e.g. missing beneficiary insurance).
Potential Additional Costs
If there is no Will or the estate consists of any share holdings (stocks and bonds) there are 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.
If any additional copies of the Grant are required, they will cost £1.50 each (1 per asset usually, cost correct at time of publication).
Dealing with the sale or transfer of any property in the estate is not included. Our conveyancing department can provide a quote for such work.
Estate Administration – Advice on Timescales
Each estate is different. Some of the factors which can affect how long it will take include:
This is not a complete list of factors but hopefully this gives an insight into the fact that estate administration is not necessarily straightforward, that sometimes delays in the estate administration are unavoidable, and the progress of an estate administration can also be unpredictable. Whilst we may give an initial indication of timescale to obtain a grant of representation, PRs should keep in mind that there are often factors outside of our control that can cause delays to the process, and often initial estimates are based on the assumption that there will be no such delaying factors.