Call us today on 01253 858231

Probate

Dealing with the estate of a departed loved one can be stressful and upsetting at what is already a very difficult time. We understand that and are here to take that burden away from you. We offer fixed and capped fees to ensure that you have complete peace of mind.

A couple getting advice from someone about Probate

Our expert team will handle everything for you and allow you to start to move on with your life while we tidy up all the loose ends of the estate and execute the will on your behalf. If there was no will, we will make the necessary enquiries and ensure the relevant rules are followed.

How much does probate Cost?

We offer capped fees for all estates with a gross value of more than £100,000. This means that you pay us by the hour for the work that we do at a rate of £180 plus VAT per hour, but that our total fees will never be more than either 1.5% of the gross estate where there is no inheritance tax to be paid or 2% where there is. Please note that this only applies to estates where all assets are held in the UK.

If the estate has a gross value of less than £100,000, we offer either payment by the hour at £180 plus VAT per hour or, once we have been informed of the nature of the estate, can agree a fixed fee with you prior to us commencing work.

Call us today on 01253 858231 or e-mail info@mjvlaw.co.uk to see how we can help you.

Our Service

Your case will be handled by Michael Vincent who is a Solicitor and Partner in this firm with seven years post qualification experience and more than ten years’ experience working in the legal sector.

He is supported by Matthew Vincent, a trained Barrister, who provides general assistance on such cases.

Unless we are instructed otherwise, we will:

  1. Obtain balances on all bank and building society accounts;
  2. Request balances on any shares, ISAs or other investments;
  3. Arrange the valuation of any property and any items of value;
  4. Obtain details of all debts of the estate such as any unpaid utilities, loans or credit cards;
  5. Request a copy of the funeral account;
  6. Prepare the relevant oath and inheritance tax return;
  7. Provide advice on how to have the oath executed at another firm as we are unable to do so having drafted it;
  8. Deliver the relevant documents to the Probate Registry;
  9. Upon receipt of the grant, prepare and issue an estate account to the relevant parties;
  10. Gather in the assets of the estate;
  11. Make payments of any debts and expenses;
  12. Pay the beneficiaries of the will or the people entitled to receive the estate in the absence of a will;
  13. Finalise all matters.

How long cases like this depend upon their complexity, but typically from the date of instruction a matter takes between 3 and 9 months to conclude.

The key stages of the process are the compiling of the information to apply for the grant, the issuing of the grant, the gathering in of the assets and the distribution of the assets.