Our specialist team will assist you in all aspects of the creation of a Will or the administration of an estate, otherwise known as probate.
Wills
We are here to ensure that you have an accurately drafted Will that properly reflects how you wish to have your assets distributed following death.
In the 21stcentury family relations are increasingly complex and without a Will your assets might be distributed following your death under what is known as the Rules of Intestacy in a way that you never intended. We recommend that everybody has a Will which is regularly reviewed to reflect changing circumstances.
If you have difficulty in visiting our office we can arrange to visit you to take your instructions and finalise the Will.
We also offer free storage of Wills in a fireproof cabinet to ensure that it is protected against destruction. This means that those who you leave behind are able to secure the Will to act in accordance with your wishes.
The work will be carried out by Mr Kyle Fox Solicitor under the supervision of the partners. Work carried out by Mr Fox is chargeable at £185.00 per hour.
If you attend our offices our average fee for drafting a Will is £295.00 plus VAT. An additional fee may be charged if you wish us to take your instructions by visiting you at home or at work.
If you wish to amend your Will the average fee is £200.00 plus VAT.
There are not usually any disbursements associated with the creation of a will.
A Summary of our Service:
Probate
We offer a sympathetic but professional service to those who have recently lost a loved one.
In the immediate aftermath of the loss people are naturally distressed and often reluctant to consider the handling of the deceased’s financial affairs. Whether the deceased has left a Will or their estate has to be distributed under the laws of intestacy our professional courteous team will provide you with the best possible discreet service.
Our service will include obtaining what is known as a Grant of Probate or Letters of Administration to enable the deceased’s estate to be gathered and distributed.
This will involve gathering all assets such as savings or through the sale of their property. We will arrange to pay any debts owed by the deceased and then promptly distribute the remainder to the beneficiaries.
Wherever possible we will make sure that specific bequests such as gifts are distributed at the earliest opportunity. For those who are entitled to a larger share of the estate we will endeavour to make payment on account of the final sum as soon as we are in a position to do so.
You can choose either between instructing this firm to deal with the whole of the estate or by taking some responsibility for the work limiting our instructions and, as a consequence, our fees.
The work will be carried out by Mr Kyle Fox Solicitor under the supervision of the partners. Work carried out by Mr Fox is chargeable at £185.00 per hour. All work carried out is subject to VAT at 20%.The rate of VAT is subject to change by the government and the figure quoted is that which is currently applicable.
For a full probate service our estimated fees are £2,500.00 plus VAT at 20%. There is an additional payment of 1% of the value of the estate less the value of any residence owned by the deceased. If the deceased owned a residence then there will be a further charge of 0.5% of the value of this, but only if it forms part of the Estate.
If you request us to only do part of the work necessary to administer the estate our fee is usually in the region of £1000.00 plus VAT. This is on the assumption that the estate is of modest value.
The disbursements that we are likely to incur are the probate office fee of £155.00 plus £1.50 per copy. The London Gazette charges £91.84 for placing a deceased estate notice.
Summary of Probate Service: