Our Probate Services
We have been providing probate services for several years now and in that time have helped many families get through this difficult period in their lives.
We support bereaved families as much as they need so that they don’t have to worry about paperwork at a time when they’re often grieving.
What we offer
We provide a range of probate services.
Each client can choose what services they wish to use, depending on their individual circumstances.
We can assist with:
- Preparation and submission of inheritance tax and probate forms. This may include obtaining relevant facts and figures from third parties and calculating inheritance tax payable.
- Collect estate assets and pay liabilities post grant.
- Distribute legacies and residuary entitlements per the Will or laws of intestacy.
- Prepare estate accounts.
- Where required prepare and submit tax returns for the period of administration, including 60-day capital gains tax returns for residential property disposals.
Our Fees
Our fees are based on the time it takes to carry out the required work and we will always give an indicative cost at the start of the assignment.
The amount we charge will be reflective of the make up of the estate, the complexity of the case and how much work the executors require us to complete.
Below is an indication of our starting fees for different cases:
- Spouse or civil partner inheriting estate, assets limited to property and savings, no IHT – £2,000 plus VAT
- Relatives inheriting, assets to be collected post probate and estate to be administered by us – £4,000 plus VAT
- Large or complex estates – £10,000 plus VAT
For a further break down of probate costs we also have a useful blog How much does it cost to get a grant of probate?
Timescales
Our aim is to deal with probate services as quickly and efficiently as possible.
That said there can sometimes be unavoidable delays.
When things go well we typically make the probate application within four months of taking on the appointment.
Grant received and final submissions
Once probate is granted (currently 16 weeks after submission on average) we usually complete the estate distribution within 9 months, although it is often finished much quicker than that.
Completion of tax returns for the period of administration is guided by the deadline for the tax years concerned.
Once the final tax year concerned has passed we aim to submit the return by no later than 31 October.
CGT returns will be submitted within 60 days of completion of the property sale.
Getting in touch
Each probate case is unique and if you would like to talk to us about our probate services or would like a quote on the work you require please contact Jan Friend who will be happy to talk to you.
If you would like to know more about the probate services process we recommend you view the video below.
