Our experienced team is able to assist you with the probate process, reducing the administrative burden and advising sensitively on decisions which need to be made when managing an estate. At Martin Kaye Solicitors, we are aware that the probate process comes at a time of grief and high emotion, and that most people aren’t aware of the processes and legal requirements involved.
We will give you a clear time frame of how long the process should take and will keep you and any beneficiaries updated. You will be able to contact a member of our team when you have any questions by telephone, email or in person.
Martin Kaye Solicitors are accredited to Lexcel. This is a legal practice quality mark for client care, compliance and practice management.
We offer both fixed fee and an hourly charging rate, whereby you will be charged for each hour of work undertaken. Our fee for dealing with a Grant of Probate starts at £995 + VAT, plus a court fee of £273. This is purely for making the application on your behalf and does not include dealing with any of the estate assets.
To deal with the administration of the estate, costs will vary and 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. Probate fees will also typically increase, depending on the number of bank accounts, shares and based on the number and value of any property.
Below is an example scenario:
If there is additional work, we would agree any additional fees with you.
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 smooth process.
An 80-year-old woman died and her husband asked Martin Kaye Solicitors to sort out the probate for her estate. This was a simple matter which we are able to deal with in six to nine months.
In addition to our bill, there were disbursements of £632.52, which would be the same at any firm. They were made up of:
Please note the price ranges for the Newspaper notices can be between £110 to £190 + VAT. In addition, should you wish to have further copies of the Probate, they can be obtained for a cost of £1.50 each.
Martin Kaye Solicitors charged £995 + VAT and disbursements.
A client sadly lost their father and was the sole executrix of the estate. They collated all of the information and valuations required for probate purposes and simply required our assistance in obtaining the Grant of Probate. Once the Grant was issued, this was handed over to the executrix and they dealt with the administration themselves. This was completed within two months.
In addition to our bill, there were disbursements of £273, which relates to the Probate Application Fee. As per above, additional copies of the Probate can be obtained at a cost of £1.50 each.
The following are examples of factors that may lead to the need for additional work on our part and consequently, a higher charge:
We can help you through this difficult process by obtaining the Grant of Probate on your behalf. You can then proceed to administer the estate yourself.
Our costs for providing this service are:
Probate Court Fee
£995 + VAT
Non-taxable estate claiming an additional nil rate band allowance
£1,200 + VAT
£1,500 to £1,750 + VAT
Please note that these fees may increase depending on the information provided and the complexity of the circumstances and a bespoke quote will be provided, should this be required.
As per the above, additional copies of the Grant of Probate can be obtained at a cost of £1.50 each.
As part of the fixed fee, we will:
Please note that the Probate Registry currently have delays of around eight to twelve weeks from the date that the probate was applied for.
There are various factors that will affect any Inheritance Tax that is due on an estate, including the size of the estate and any measures that were put in place by the deceased to limit the estates tax liability.
At this stage, Martin Kaye Solicitors do not believe that it would be sensible to attempt to provide an estimate of any tax that may be payable. We would advise you to contact us to obtain advice in relation to your specific circumstances or to look on the HMRC website to calculate how much Inheritance Tax which may be due. The calculators can be found here: https://www.gov.uk/guidance/hmrc-tools-and-calculators#inheritance-tax-and-bereavement/
Where there is likely to be any additional cost, we will make sure that you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.
Additional services that will require the assistance of a third party at an additional cost include:
On average, probate and the estate administration for a typical estate will take between six to eighteen months. Generally, the time taken to obtain the Grant of Probate will take between four to eight months, depending on how quickly third parties provide the information required and how quickly the Probate Registry issue the Grant. The collection of the estate and distribution of the assets follows, which can take between four to twelve months.
You will be provided with timescales and updates throughout the administration and more complicated estates may take longer than this to finalise.
With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows: