SRA Transparency Rules – Probate (range of costs)
Applying for the grant, collecting and distributing the assets
We anticipate this will take between 10 and 20 hours work at £150.00 per hour. Total costs estimated at £1,500.00 – £3,000.00 (+VAT).
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.
We will handle the full process for you. This quote is for estates where:
Disbursements not included in this fee:
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Potential additional costs
On average, estates that fall within this range are dealt with within 6-9 months. This is however particularly variable and will depend upon a number of factors such as the complexity of the estate, the need to sell or transfer assets and any additional works that may be required such as deeds of variation or disclaimer. We will be able to provide a more accurate time estimate specific to your individual case once we obtain further information about the matter from you.