Private Client

We have a well-established department able to administer estates whether or not a Will has been made. After death it is important that the estate is administered efficiently and with sympathy.

Not only does the administration of an estate involve valuing all the assets of the estate but also the Inheritance Tax liability and dealing with the Inland Revenue. Through our network of professional associates we are also able to ensure access to specialist tax planning and trust advice, assistance with Inheritance Tax, Capital Gains Tax and value of lifetime gifts and Trusts.

Our private client team advise in relation to both Property and Financial Affairs and Health and Welfare Lasting Powers of Attorney. Their expertise also extends to Court of Protection applications.

In order to access a deceased person's assets, known as their estate, you will often need to apply for a Grant of Probate (in cases where there is a will) or Letters of Administration (where the deceased did not leave a will; referred to as intestate). A brief outline of the work involved in these applications are as follows: 

It is difficult to estimate the fees that will be incurred in these matters, as this will depend on whether there is a will, what assets and liabilities make up the estate and the manner in which others deal with our enquiries. We will be able to provide a more tailored quote upon receipt of instructions, but as an estimate we advise to allow for the following:

Our charges will also contain an element based on the value of the estate. This is because the value is a reflection of the importance of the matter and, consequently, the responsibility on the firm. This element is calculated on the basis of the gross value of the estate and will be between 0.25% - 1% of the gross value of the estate plus VAT. The percentage will be considered and agreed between us at the outset of the matter.

Where any expenses are incurred over and above our fees these are known as disbursements. Commonly these include the following: 

Probate court fees - £273 (plus £1.50 per copy)

Inheritance tax - To be advised

Bankruptcy searches - £2.00 per person

Bank transfer fee - £40.00 plus VAT per transfer

if the estate includes a property which is sold, there will be additional charges for the conveyancing work. Please refer to our residential property page in order to obtain a quote for the same.