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Home Wills & Estate Planning Our costs – Wills & Estate Planning

Our costs – Wills & Estate Planning

The exact cost will depend on the individual circumstances of the case. For example, if there is a single beneficiary and no assets, the costs will be at the lower end of the range. If there are multiple beneficiaries, property and multiple bank accounts, the costs will be higher.

Applying for probate, collecting and distributing assets

We estimate this will take between 10 and 16 hours at our standard hourly rates. Total costs are estimated at between £3,000 and £5,000 + VAT.

The exact cost will depend on the individual circumstances of the case. For example, if there is a single beneficiary and no assets, the costs will be at the lower end of the range. If there are multiple beneficiaries, property and multiple bank accounts, the costs will be higher.

We will handle the entire process for you. This offer applies to estates where:

  • There is a valid will
  • There is no more than one property
  • There are no more than three bank or credit union accounts
  • There are no other intangible assets
  • There are no more than three beneficiaries
  • There are no disputes between beneficiaries regarding the division of property. If there are disputes, it will probably lead to increased costs
  • There is no inheritance tax payable and executors do not have to file a full account with HMRC
  • There are no claims against the property
  • All assets are located in the UK

Expenses included in this fee:

  • Probate application fee of £155
  • £7 fee for swearing an oath (per executor)
  • Land Charges Bankruptcy Search (£2 per beneficiary)
  • Statutory Creditor Notices (protects against unexplained claims from unknown creditors) – £80-300 (inc VAT)

Expenses are costs associated with your case that are payable to third parties, such as legal fees. We handle expense payments on your behalf to ensure a smoother process.

Potential additional costs

  • If there is no will or the estate consists of shares (stocks and bonds), there will likely be additional costs, which can vary greatly depending on the estate and the proceeding. Once we have more information, we can provide a more accurate estimate.
  • If additional copies of the gift are required the cost is £1.00 (usually 1 per asset).
  • Activities related to the sale or transfer of any real estate in the estate are not included.

How long will this take?

On average, assets in this range can be dealt with in 3-6 months. It usually takes 6-12 weeks to get probate. Then comes the collection of assets, which can take between 3 to 6 weeks. Once this has been done, we can distribute the assets, which normally takes 3 to 6 weeks.

Contact Our International Probate Solicitors In London & Manchester

Contact our professional probate solicitors today on 0330 107 0107 or request a call back.

Our Family law experts are here to help you

For an initial consultation, call our UK International Family Solicitors on 0330 107 0107 or request a free call back.

Talk to us today about:

Trustee Disputes and Protection

Trustees play a vital role in managing assets for others. Their duties require honesty, impartiality, and diligence but in practice, conflicts often arise. Disputes can develop between co-trustees, between trustees and beneficiaries, or even among beneficiaries themselves. Trustees may also face uncertainty about whether a proposed course of action is lawful or exposes them to risk.

Find out more

Lost, Missing, Or Forged Wills

After someone’s death, discovering that their will is missing, incomplete, or potentially forged can create confusion and mistrust. In these cases, the law provides mechanisms to prove what the true will was or to challenge one that is false or improperly made.

Find out more

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Why us?

Why Choose IMD Solicitors LLP?

01.

Why Choose IMD Solicitors LLP?

Our team is adept at handling intricate cases involving international elements, such as division of assets across borders, child abduction and child relocation. This makes us particularly suited for individuals with international family or business ties.

02.

Award-Winning Legal Excellence

We are proud recipients of multiple national awards, a testament to our commitment to legal excellence. Our awards reflect our high standards and dedication to achieving the best outcomes for our clients. You can check the list of our awards by clicking here.

03.

Outstanding Client Testimonials

Our clients’ satisfaction speaks volumes about our services. We invite you to read the glowing testimonials on ReviewSolicitors, which showcase our ability to exceed client expectations.

04.

Proven Track Record in Complex Cases

Our firm has a proven track record of successfully handling complex legal cases, particularly those involving cross-border elements. Our expertise is especially beneficial for individuals seeking sophisticated legal solutions.

05.

Deep Cultural Understanding

At IMD Solicitors LLP, we recognise the significance of cultural nuances in legal matters. Our team, with its diverse cultural backgrounds, is uniquely positioned to understand and empathetically address the specific needs of clients from various international communities.

06.

Personalised and Compassionate Approach

We believe in a client-centric approach, offering personalised and compassionate legal advice. Understanding that each case is unique, we tailor our strategies to suit individual client needs.

07.

Comprehensive Legal Services

Beyond family law, we offer a wide range of legal services, making us a one-stop solution for all your legal needs, whether personal or business-related.

08.

Commitment to Client Communication

We believe in empowering our clients with knowledge. Our team ensures that you are well informed about the legal processes and your options, enabling you to make educated decisions.

09.

Comprehensive Legal Services

Our extensive network of international legal and professional contacts allows us to efficiently handle cases that span multiple jurisdictions, providing a seamless legal experience for our clients.

10.

High Ethical Standards

As a reputable law firm, we adhere to the highest ethical standards, ensuring transparency, integrity, and professionalism in all our dealings.

Frequently Asked Questions

Talk to us today

If you need legal advice, contact us today to request a free callback. Please note that all meetings are by appointment only in all our offices.

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