A Will if wrongly prepared, not only does it fail to carry out the Testator’s wishes but could increase the costs of the Estate Administration. The benefits of a properly considered and written Will (no matter how simple) can avoid legal complications later and give Clients and their families’ peace of mind.
Costs for obtaining Probate:
Our hourly rate is £220.00 plus VAT per hour. The average costs of obtaining Probate are £500.00 - £600.00 plus VAT plus the Probate Application Fee (currently £155.00 for estates over £5,000.00) there will also be a small fee payable to swear an Oath, this is usually £5.00 plus £2.00 for any additional documents.
Costs for administering the Estate:
The average costs for administration of an estate is £1,500.00 - £2,500.00 plus VAT plus any disbursements. This will of course depend largely on the size and complexity of the Estate. Therefore a more accurate estimate of costs will be given once we have taken the client's full instructions.