If your application is for “Administration of an Estate where the Deceased has left a Will in a taxable estate”.

Two types of Fees agreement:

1. Fixed Fess Agreement
2. Hourly Rate Agreement

Details of the Agreement

 Fixed Fee Agreement

Cost can be between £3000 – £8,000 plus VAT. Average price is £4200 plus VAT.  Further, in line with Law Society Guidelines, value element being 0.75% of property value and 1% of liquid asset value need to be paid.

Note: The cost of the case can be at lower if the matter is simple which merely deals with a taxable estate where the Deceased has left a Will. Further, Estimate based on the work involved in conducting the matter.

2. Hourly Rate Agreement

Our Director and Paralegal will work on the case and their hourly rates are:

• Director – £317.00 plus VAT (Approx.)
• Paralegal- £120.00 plus VAT (Approx.)

Note: This kind of work requires not more than 25 hours of work. But, total hours depend on the circumstances of the case. These circumstances are:

• The amount of time to analyze the complexity of the evidence.
• The amount of time to read the supporting evidences.
• If, hidden assets are found. Analyze the documents with context of the case.
• If hidden assets create Unanticipated complexities for the case
• The amount of time spends to get your advice
• If any Disagreements arise between executors with respect to satisfying the tax bill

The work will be carry out by:

• Director; or
• Paralegal supervised by a Director

 Note: Director supervise the whole work and holds ultimate accountability and conduct of matters.

Agreement Fees Included following Services (no extra fees for it)

• Initial Attendances with you and arranging further conferences with senior solicitors (if required). We choose the option of attendances and conference as per your circumstances.
• Analyze all the assets.
• Approach the all authorities who had assets of the deceased.
• Analyze the distribution of the assets.
• Obtaining estimates for property and contents.
• Assisting in arranging for the property to be placed on the market.
• Finalizing the IHT 400.
• Make all the arrangement to satisfy the IHT bill.
• Apply for the Grant of Probate.
• Submit probate application.
• Preparing the oath.
• Preparing a concluding estate account.

Agreement Fees does not include:

• Other Court Fees: Probate Court Fee and Fees for additional Copies of Grant of Probate.
• £5.00 per Executor for swearing of Oath. Additional fee of £2.50 per Executor if Will is annexed.
• £185 plus VAT (Approx.) to London Gazette Advertisement to protect against creditors.

Note: We will inform before if any such fees will be incurred against you.