Archive for July, 2017


Looking for a professional to act on your behalf to administer an estate can be daunting.

Where do you start?             Who do you go to?

Your first contact maybe with a bank or a funeral director such as the Co-op. They will want to direct you to their probate services. It is difficult to shop around for a service like this particularly if you do not know what is involved. Many people believe that solicitors charge the earth and that you have to go with the one who is holding the Will. It is worth getting a quote from them if you can. Sometimes this is a tricky process in itself whether from a firm, a bank or other legal services such as Co-op or Saga.

At WE Solicitors we set out our costs tailored to what needs to be done and what you want to be done. With one free initial meeting we can determine exactly what needs to be done and then give you a fixed cost for doing it. If you are happy with the quote we will then do the work. The costs are then paid from the estate. You do not pay upfront. Each estate is different but we have given an idea below on what costs you can expect from us:

We do not base our costs on the value of the estate or charge a percentage. The cost is calculated on what is involved whether it is an estate worth £50,000 or £300,000 is irrelevant.

Here are some examples to give you a clearer indication:

Estate 1 – with a Will

Estate includes:

No Property                           2-4 banks accounts with different banks

Premium Bonds                    Two beneficiaries

Estate accounts prepared                                     

  WE charges : £1,500 + VAT

 

Estate 2 – with a  Will

Estate includes:

A property to be sold / transferred            Up to 6 bank accounts with different banks

Shares                                                               Pension lump sum

2-4 beneficiaries                                             Legacies to charities

Estate accounts to be prepared

WE charges £3,500+ VAT

 

Estate 3 – without a Will

A property to be sold                        Beneficiary/ PR dispute

DWP claim                                         More thank 4 bank accounts

More than 5 beneficiaries                Tracing assets or beneficiaries

Inheritance tax

Estate accounts prepared

WE charges in region of £5,000 + VAT

 

These are approximate figures and a fixed quote would be

provided for each individual estate.

If you would like a quote or you have been quoted more than this from a bank or company offering probate services then contact WE SOLICITORS to see what we would charge.

Or you can email jo-ann.mason@wesolicitors.com to request a copy of our free Report:

7 Things a Newly Appointed Executor Should Know Before Getting Probate & Administering an Estate

 

 

Email: info@wesolicitors.co.uk

Telephone: 0800 294 3065 / 0161 683 3191

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Wigan Salford and all surrounding areas