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Hunt & Coombs have extensive experience of providing services to a large range of sectors.
We help many different businesses, not-for-profit organisations, business owners and charity trustees to advise on various legal issues.
At Hunt & Coombs, we have specialist lawyers with the technical ability and experience to provide advice and representation in complex areas of law.
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Probate work is complicated because there are many variables that impact on the steps required to collect and distribute an estate’s assets. The fees for probate work listed here relate to uncontested cases where all the assets are in the UK. This includes both testate (where there is a Will) and intestate (where there is no Will) and taxable and non-taxable estates.
We anticipate that as a general rule of thumb, probate fees roughly equate to 1.5 – 2.5% of the gross value of the estate + VAT + disbursements.
As a guidance, for an estate worth:
We will handle the full process for you and the exact cost will depend on the individual circumstances of the matter. In all the above examples, much will depend on the composition of the assets of the estate. If there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs may be at the higher end (for a house worth £600,000 and £50,000 in one bank account our fees are likely to be lower and in the region of £2,500 + VAT).
The lower value quotes are for estates where:
Included in our costs for the administration of an estate would be the settlement of taxes that arise as follows:
Also it is worth noting that whilst a larger estate may be more complicated and therefore will be subject to a higher fee this may not always be the case and with an estate above a certain value, the percentage paid in probate fees may be less than the percentage paid on a lower value matter. Conversely at the other end of the scale, with an estate below a certain value the same steps in probate will need to be undertaken therefore resulting in the fees being a higher percentage value. Much may depend on the inheritance tax (IHT) arising and the nature of the beneficiaries. For example if there is £1m estate being left to a spouse or civil partner in a Will, even though this is a large amount it is likely that no IHT will be paid as the spouse or civil partner exemption applies.
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. Disbursements not included in this fee are:
We can give you a more accurate quote once we have more information.
On average, estates that fall within this range could be dealt with within 3-6 months. Typically:
The Wills, Trusts & Probate team have a wealth of experience and deliver a high quality service to families and individuals. There are seven permanent staff assisted by support staff.
Find out more about the service and experience that our Wills, Trusts & Probate team provide.
Hunt & Coombs LLP is a Limited Liability Partnership registered in England and Wales, Registration no. OC320243, VAT no. 120013160. Hunt & Coombs LLP is authorised and regulated by the Solicitors Regulation Authority with Registration no. 443035. A list of members is available at 35 Thorpe Road, Peterborough PE3 6AG.
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