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Probate Fees

Probate Fees

The administration of an estate would be dealt with primarily by Jonathan Barry, with the assistance of Susan Barry, Joanne Davison and a dedicated Probate assistant.

Our probate fees are charged on an hourly basis of £245.00 plus vat (presently 20%). The number of hours involved in dealing with an estate can vary considerably depending upon the number of assets and liabilities in the estate, however, following an initial consultation (without obligation), we are usually able to give an idea of the number of hours involved in the administration of the estate, which will depend upon:-

If we are instructed to act on behalf of the Executors in connection with the administration of any Estate, then our fees would include obtaining all the relevant details of the assets and liabilities of the estate, thereafter preparing the probate papers for swearing by the Executors, applying for probate and arranging to settle any IHT Liability on behalf of the estate, once the Grant is to hand, thereafter collect in the assets of the Estate, prepare full Estate Accounts and attend to the distribution of the Estate in accordance with the terms of the Will.

 

Scale of charges

In addition to our fees, there may be disbursements to be paid for example:-

 

If we have been appointed as Executor by the Testator, we may also charge a value element, to reflect the additional responsibility placed upon the firm. This fee will have previously been agreed with the Testator at the time of appointment as Executor. We will advise at the outset of the administration of any Estate the basis upon which the charges will be calculated.

Depending upon the number of assets held, and the sale of any real property which may be included in the Estate, the administration of an estate can take anywhere from 6 months, but the usual timescale for the administration of an estate (on the basis that there is no claim against the estate,) is between 6 and 12 months.

If you would like to discuss any aspect of the administration of an estate, please do not
hesitate to contact our probate department.