The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no land or buildings, the cost will be at the lower end of the range. If there are multiple beneficiaries, a property to sell and multiple bank accounts or charity beneficiaries, costs will be at the higher end of the scale.
We will always give you a verbal indication of our costs in the initial meeting with our Solicitor.
We anticipate that the administration of a simple estate will take between 12 and 15 hours work at £195 per hour.
Total costs estimated at £2340.00 to £2925.00 (+VAT). *
We will handle the full process for you. This quote is for a typical small estate where the will leaves all assets to the husband/ wife and:
There is a valid will
There is no more than one property
There is no more than one account from a financial institution
There are no other intangible assets
There is one beneficiary
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