As a family-run legal practice, we often deal with cases on a fixed-fee basis so that you know exactly what you will pay at the outset.
We pride ourselves on delivering a friendly, expert service that has value for money at the forefront.
We are able to offer a fixed fee of £950 NO VAT for a Probate application (IHT 205): provided
There is a valid Will
You are able to provide all up to date estate valuations for assets/liabilities
There is no inheritance tax required
We anticipate that an application can then be submitted to The Probate Registry within 4-6 weeks.
The Court will then dictate when the grant is processed depending on any backlog it is dealing with at the time. This will enable us to obtain the grant of probate on your behalf. You will then need to advise us whether you want us to collect or distribute the assets. If you do you will be charged on on an hourly rate of £225 (no VAT payable).
For estates where tax is payable we will charge a fixed fee of £1500 NO VAT ( IHT400) provided:
There is a valid Will
You are able to provide all up to date valuations of assets/liabilities
This will enable us to obtain the grant of probate on your behalf. It normally takes between 8-12 weeks for the grant to come through from the date it was applied for. However, we are in the hands of the Probate Registry and HMRC and there may be further delays depending on how busy they are. You will then need to advise us whether you want us to collect or distribute the assets. If you do you will be charged on on an hourly rate of £225 (no VAT payable).
FOR ALL OTHER ESTATES
If we are required to obtain valuations and liaise with 3rd parties directly, then you will be charged on an hourly rate basis of £225 (no VAT payable) from the outset. This will mean that you are instructing us to fully administer the estate.
Our full service will include the following:
Providing you with a dedicated and experienced private client lawyer who will be your main point of contact .
Identifying the legally appointed executors or administrators and beneficiaries.
Accurately identifying the type of Probate application you will require.
Contacting all asset holders and debtors to report the death.
Obtaining probate valuations for all assets and liabilities.
Arranging insurance for unoccupied property.
Placing statutory notices in The London Gazette and local newspapers to protect against unexpected claims and liabilities.
Preparing and submitting the relevant Inheritance Tax forms (IHT205 or IHT400 with supporting schedules).
Arranging payment of IHT if required.
Preparing the correct probate forms.
Making the application for the Grant of Probate/Letters of Administration.
Collecting in estate assets and paying liabilities.
Preparing and submitting estate income tax returns.
Preparing estate accounts.
Undertaking bankruptcy-only Land Charges Department searches on beneficiaries.
Distributing the estate to beneficiaries.
The amount of time needed to deal with the estate will vary depending on how complex the case is and on how many assets/properties/beneficiaries there are.
An average estate normally takes between 15-30 hours and cases are likely to be concluded between 6-12 months.
We offer a free initial consultation and if we are able to deal with the estate on a fixed fee basis then we will let you know.
Estates over 1 million pounds:
These will be charged out at 2 per cent of the net estate
We do not charge VAT on these fees.
Please note that disbursements need to be added to our fees.
The probate fee is £155 plus 50p for each sealed copy
The Oath fee for swearing £7 for each Executor
Bankruptcy search fee £2 plus VAT per name
Notice in Law Gazette approx. £300
Who will carry out the work?
The work will be completed by Debra Williamson. Debra qualified as a solicitor in 1993, and will be assisted by a paralegal.
* Depends on a variety of scenarios, including house sales, share transfers.
Criminal Law Fees
(Initial Consultation Fee is £150)
There will be no VAT added onto these amounts. The initial consultation fee (£150) enables us to advise on evidence, plea and sentence and whether special reasons/exceptional hardship arguments apply.
We will advise separately on additional fees for trial representation and exceptional hardship arguments if this is appropriate. These are estimates only and do not include disbursements such as mileage (45p per mile), car parking or public transport fees.
For details of pricing on any other aspect of legal advice please get in touch. We are happy to discuss your particular legal issue and the possible costs involved in resolving it. We pride ourselves on our practical approach, helping you to put your legal affairs in order and put your mind at rest.
“MDW Solicitors has provided value for money.
I would recommend to a friend.”
Mrs K (Gerrards Cross)