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Applying for the Grant, Collecting & Distributing the Assets – varying costs

The exact costs of a probate application will depend on the individual circumstances of the matter – for example costs will be at the lower end of the range in the table below if there is a single beneficiary or no property. Please see the table below for an overview of our pricing, and the factors that have an impact on our pricing.

Applying for the Grant, Collecting & Distributing Assets
Estimated costs, vary by Solicitor
 Between 4 and 6 hours of work  £240 per hour
 Total estimated cost  £1,000 to £1,400 (+VAT)
 This Estimate is for Estates Where:
  • There is a valid will
  • There is no more than one property
  • There are no more than 3 bank or building society accounts
  • There are no other intangible assets
  • There are no more than 4 beneficiaries
  • There are no disputes between beneficiaries on division of the 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
Disbursements

These are costs payable to third parties related to your matter. We handle these payments on your behalf

 

Potential additional costs

There are a range of factors that may result in additional costs which are outlined in the table below.

These may vary on the estate and how it is being dealt with.

How long will this take?

We have outlined an average timescale for the typical estates which fall into this category, please be aware that this timescale will vary based on individual circumstances and these timescales are meant to be considered as a guide only

Stage of Application Typical Timescale
Obtaining the Grant of Probate 3 – 6 weeks
Collection of assets around 12 weeks (longer if there are propertiess to sell)
Distribution of assets 1 week
Total process 7-10 weeks

Due to coronavirus there are currently significant delays at the Registry

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To learn more about how we can help you when it comes to understanding wills and probates, please contact Lucy Gordon on 01295 204045 or lgordon@se-law.co.uk and reach our Banbury, Buckingham, Bicester and Brackley offices today for will writing services and more.

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