MW has helped hundreds of people through the administration of an estate.
Whether the situation is complicated or straightforward, our team has seen it before and are proud of our reputation for a sensitive and professional service during what is always a difficult time. Appointing us means you have an expert to act on your behalf, so you remain in full control of the process but have all the advice and support you need to confront the complexities along the way.
- Help you ensure that the administration of the estate is not open to challenge or contest, which can become extremely expensive.
- Ensure nothing is lost, forgotten or left to chance, providing complete peace of mind.
- Be paid from the estate, so there is no fee to you for our service.
- Put a team of two to three people on your matter, so you can always reach someone.
Range of Costs
Grant of Probate
The costs quoted below are to obtain a Grant of Probate only. They do not include any work needed to deal with the Administration of an estate after the Grant.
We charge an hourly rate of between £125 and £275 per hour depending on the experience and location of the Solicitor and team dealing with your matter. We anticipate this will take between 2 and 8 hours work and we estimate our total costs for this type of matter to be between £500 and £2,200 plus VAT, with a mix of junior to senior Fee Earners dealing with the matter.
Administration of an Estate (Including Grant of Probate)
The costs below are to deal with the entire administration of an Estate including obtaining the Grant and dealing with collection and distribution of assets as well as all ancillary matters.
We charge an hourly rate of between £125 and £275 per hour depending on the experience and location of the Solicitor and team dealing with your matter. We anticipate this will take between 10 and 20 hours work and we estimate our total costs for this type of matter to be between £2,000 and £5,500 plus VAT, with a mix of junior to senior Fee Earners dealing with the matter.
Variations in Costs
The exact cost will depend on the individual circumstances of the matter. For example, 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 will be at the higher end. Exceptional circumstances will require additional work, but nothing will be done without prior consultation with you and your acceptance of the charges.
The above prices are 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 beneficiaries
- 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
If there are factors not covered by the above circumstances the costs may be higher and we would be more than happy to provide an individual quote based on the circumstances of the estate at the beginning of the matter once we have all information.
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 are not included in our costs above and are charged as an addition. The likely disbursements are:
- Probate application fee - £155 (plus 50p per additional copy require)
- Swearing of the oath - £5 to £7 per Executor
- Bankruptcy-only Land Charges Department searches - £10 per beneficiary
- Statutory Advertisements - Post in The London Gazette and local Newspaper (Protects the Executors against unexpected claims from unknown creditors) - £150 to £300