Estate administration

No estate administration procedure is exactly the same and our fees will reflect the complexity of the estate and the extent to which you require us to assist you in the process. For example, dealing with an estate which is subject to Inheritance Tax (IHT), or which qualifies for IHT reliefs such as Business Property, Agricultural Property or Heritage Property will have added complexities and will cost more for us to administer than a simple estate which is not subject to IHT.

In addition the number and type of beneficiaries, as well as whether there are conditions on their inheritance, or trust arrangements provided for in the Will or which arise by virtue of the Intestacy Rules will increase estate administration costs. Equally, it may be the case that there are some parts of the estate administration process that you feel able to deal with yourself and this can reduce the time that we spend on the matter, and therefore the costs accordingly. Because of this, we cannot give you a reliable estimate of costs for helping you until we have full details of the estate and are advised of the scope of the work that you require us to undertake on your behalf.

We can confirm that our costs for estate administration work are charged on an hourly basis.

  1. OUR FEES

Our fees for obtaining a grant of representation only, where you have provided all required information in a timely manner, would ordinarily incur costs

From £2,000 plus VAT

Fees for a simple estate administration

From £5,000 including VAT, based on the number of anticipated hours spent dealing with these matters

The average price of a simple estate administration, (which as a general guide would be an estate which is worth less than the current nil rate band allowance, there is a valid Will in place, is not contested, has no trust provisions and which provides for the estate to be distributed to no more than 4 UK based beneficiaries), based on 30-40 anticipated hours of time

£8,000 to £10,000 plus VAT

These figures may vary depending on the nature of the terms of the Will and the scope of the work, which is why we always give you an individual cost estimate taking into account the nuances of the estate which is to be administered. We would be happy to discuss your specific circumstances with you and provide you with a bespoke cost estimate if you would like to contact us directly.

Please see below for more detail on the work included in the above cost estimate and details of tasks that would cause the fees to increase.

  1. ADDITIONAL FEES

In addition to our legal costs the process of obtaining a grant of representation incurs disbursements, which are additional costs payable to other third parties, for example court fees and Land Registry fees. These include:

The current fee for an application to the Probate Registry for a grant of representation

£300 if the value of the estate is over £5,000.  There is no fee is the value of the estate is £5,000 or less.

There is a charge of £6 plus VAT for each official copy of the grant that is required.

If the estate includes a registered property

a fee of £14 plus VAT would be paid to obtain an official copies of the Title Register

Charge to conduct a bankruptcy search against each UK based beneficiary.

£6 plus VAT

Where the executors wish to place Statutory Advertisements to ensure that creditors have been notified of the death then these ordinarily cost 

£250 plus VAT (approximately).

Where the executors wish to carry out a Financial Asset search 

From £165 plus VAT

  1. TIMESCALES

Unfortunately it is impossible to provide an exact timescale for the length of time it will take to complete an estate administration as it depends on many external factors. However, on average, it takes 6 months to obtain the grant of probate and usually a further 6 to 9 months to complete the administration once the grant of probate has been obtained.

No estate administration is the same, therefore the information provided is a guide to the likely costs involved but cannot be relied upon as an accurate cost estimate for each individual matter. Please do contact us to discuss your specific circumstances so we can provide you with a bespoke cost estimate for the work involved.

Click here to view tasks that will cause costs to increase.

  1. TEAM WHO WILL UNDERTAKE THE WORK

Team

Status

Charge-out rate per hour (excluding VAT)

Michael Alden

Partner and Head of Department

£475

Kirstin Cook

Partner

£450

Emma Harris

Partner

£525 (London)

Jonathan Hickman

Partner

£450

Mike Westbrook

Partner

£475

Sarah Mansbridge

Senior Associate

£410

Victoria Green

Senior Associate

£410

Ruth Mason

Senior Associate

£410

Laura Morse

Associate

£325

Andrew Boxall

Associate

£325

Rebecca Carey

Associate

£325

Bryony Anning

Associate

£325

Sophie Borrie

Associate

£275

Bethan Gibson

Solicitor

£250

Rachel Quick

Solicitor

£240

Poli Lawrence

Chartered Legal Executive

£275

Dayna Bellis

Chartered Legal Executive

£230

Gemma Ball

Chartered Legal Executive

£230

Lauren Fox

Paralegal Apprentice

£205