If you are named as the executor of a Will you will be responsible for administering the deceased’s estate. This can involve identifying and liquidating the assets, paying off debts and taxes and distributing the estate to the beneficiaries.
This can be quite time-consuming and there may be unfamiliar statutory requirements that must be observed. It does, however, allow you to exercise control over the administration of the estate so you can be sure the deceased’s wishes are respected.
You will require a grant of probate to gain the authority to manage the assets, and the legal responsibility that this bestows also means you may be liable for any misadministration, whether intentional or not. Our experienced lawyers are able to explain the processes, work with you to ease the burden of administration and guide you through any complexities that may arise. Administering an estate may take many months to finalise, particularly where the estate is large or complicated. Our team can help steer you through this, offer advice where there is dispute and provide guidance where there is uncertainty.
Please note that there will be two elements to the prices as set out below:
Please ensure that you consider both parts to our price information.
Fees charged by HT Legal Solicitors
|Legal fee *||£500.00 - £2,500.00||£100.00 - £500.00||£600.00 - £3,000.00|
|SUBTOTAL||£600.00 - £3,000.00|
* Basis of charging = hourly rate of £180.00. On average, we usually need to spend 6 -12 hours to complete the work.
This estimated range is based on an estate where:
Fees payable to third parties (‘Disbursements’)
ESTIMATED TOTAL FEES £911.00 - £3,311.00
Work included and key stages
Our fees include obtaining the grant of probate, collecting assets and distributing them. The precise work and stages involved in a probate matter vary according to the circumstances. However, we have set out the key stages involved in a typical probate matter:
Services excluded from this fee estimate
Our service will not include any of the following:
Approximate/ average timescales
On average, estates that fall within this quote range are dealt with within 12 months.
Typically, obtaining the grant of probate takes 4 months.
Collecting assets then follows, which can take 6 months.
Once this has been done, we can distribute the assets, which normally takes 12 months (from the date of initial instruction).
Factors that could increase costs
In some circumstances we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:
Call us for confidential advice
Call 0800 080 3940 or email to contact a member of our team.
Your initial half hour consultation is without charge to help you choose your legal representation without pressure or obligation.