Obtaining the Grant of Probate for non-Inheritance Taxable estates, where inheritance tax forms are not required, is set at a fixed fee of £1000.00 plus VAT (at 20%). If inheritance tax forms are required, our fixed fee is £3,000.00 plus VAT (at 20%). Inheritance tax forms are used to claim the available reliefs or when the estate is Inheritance-Taxable.
The first thing we will do is to meet with you to discuss your situation. Once we have done this, we will confirm your instructions to us in writing, any advice we have given, the approximate time that will be needed and an estimate of the costs involved. We will also detail the steps we will be taking, when you are next likely to hear from us, any action we need you to take and any further information we need from you.
During the conduct of your matter we will keep you informed of progress, advise you of any delays and explain the reasons for them, explain the effect of any important documents, inform you if a costs forecast needs revising, explain any changes of staff affecting your matter and send you copies of important letters.
In acting as or on behalf of the Personal Representatives, we shall prepare the probate papers based upon the information you have provided us with. We shall draw up the Oath for Personal Representatives and apply for the Grant of Representation, after which we will forward a copy to you for registering with the various asset holders. Once you receive this, you can continue with the administration of the estate.
It is difficult to predict how long it will take to obtain the Grant of Probate. However, once we have details of all of the assets within the estate and the liabilities, we are then in a position to complete the application for the Grant of Probate. Subject to receiving the necessary information, we usually anticipate being able to apply for and receive the Grant within approximately 3-4 weeks.