The obtaining of the Grant of Probate is normally a straightforward procedure and will enable up to 4 executors to be appointed by the will who can administer the estate. Provided that there is a valid will with only one property involved, there are no more than two bank or building society accounts, no other intangible assets such as digital assets then our costs will be in one of the two fixed fee options below. Those costs will also depend on there being no objections to the taking out of a grant (such objections are called “caveats”) or disputes between beneficiaries which may in some way impact upon the obtaining of a grant. If there are any such matters then the costs are likely to increase. The costs are also linked to there being no inheritance tax payable on the estate and there being no need to submit an HMRC account.
In addition to the fixed fees there are also other expenses which are commonly referred to as disbursements which do not form part of the fixed fee but are payable third parties and added to the total costs. Such disbursements are variable from time to time and can include such things as Probate Court fees which at present are £155, extra sealed copies of a Grant at .50p each, £7 swear fee for each Executor/Administrator, Bankruptcy searches at £2 each, London Gazette notices at £96 each and local newspaper notices normally in the region of £150 eachWe do not give tax advice other than as may relate to Inheritance Tax payable on an estate and our costs for giving such advice are included in our fees.