Detailed information about our Probate and Estate Administration service

Review of application papers prepared by personal representatives

Our review service provides you with a review of the Grant application papers that been prepared by the personal representatives (executor or administrators). Once we have completed our review, we will advise the personal representatives of whether or not the application documents are correct. We have provided detailed information below about what our service includes.

What our service includes:

If IHT205 is required

Review of IHT205 prepared by the personal representative.

Review of Legal Statement or PA1P or PA1A prepared by the personal representative.

Confirmation of whether the information provided to us by the personal representative has been correctly entered into the probate application papers and IHT205.

If IHT400 is required and no Inheritance Tax is due

Review of IHT400 and schedules prepared by the personal representative.

Review of Legal Statement or PA1P or PA1A prepared by the personal representative.

Confirmation of whether the information provided to us by the personal representative has been correctly entered into the probate application papers and IHT400.

Confirmation of whether additional IHT400 schedules need to be completed (based on information provided to us by the personal representative).

If IHT400 is required and Inheritance Tax is due (regardless of value)

Review of IHT400 and schedules prepared by the personal representative.

Review of Inheritance Tax calculation and payment forms (IHT423).

Review of Legal Statement or PA1P or PA1A prepared by the personal representative.

Confirmation of whether the information provided to us by the personal representative has been correctly entered into the probate application papers and IHT400.

Confirmation of whether additional IHT400 schedules need to be completed (based on information provided to us by the personal representative).

What our service does not include:

Advice on funding Inheritance Tax.

Advice to the personal representatives about the estate administration or their duties as personal representatives.

Any part of the estate administration.

Completion of Inheritance Tax calculation including calculation of interest due on Inheritance Tax.

Confirmation that all assets or liabilities have been identified.

Confirmation of the value of estate assets or liabilities.

Payment of Inheritance Tax or other costs.

Submission of the probate application.

Updating or amending application papers.

Our legal fees:

£495 – no Inheritance Tax due – IHT205 required.

£795 – no Inheritance Tax due – IHT400 required.

£1,495 – Inheritance Tax due – Estate value less than £2m.

£1,995 – Inheritance Tax due – Estate value over £2m.

Please note that we are not currently charging VAT on our fees.

What our legal fees do not include:

No other fees are expected to be due in relation to the service provided by us. However, we have listed below fees that may need to be paid when the personal representative deals with an application for a Grant of Representation. Please note, our legal fees do not include Inheritance Tax and this is paid from the estate of the person that has died. For further information about Inheritance Tax please see our Guide to Inheritance Tax or visit the Gov.UK website.

Likely to be paid in most cases:

£155 – Probate Registry – Grant application fee

£1.50 – Probate Registry – Copy Grant fee (per copy)

£200 to £300 – Trustee Act Notices to Creditors (estimate)

£3 – Land Registry title check fee (per property title)

£20 up to £910 – Land Registry Fees for transferring or assenting the property (dependant on property value)

Please note that we are not currently charging VAT on our fees.

Our Legal Fees that may be due on some but not all cases:

£995 – Appointment or removal of trustees (paid from the trust)

£495 to £995 – Disclaiming or varying an inheritance (paid by the person disclaiming or varying their inheritance)

£250 – Assent or transfer of registered property (per property title) (paid from the estate)

£1,995 – Providing advice to trustees on a one off basis (paid from the trust)

Please note that we are not currently charging VAT on our fees.

Other professional fees that may be due on some but not all cases:

Accountant fees for dealing with business tax returns or personal tax returns to up date of death.

Auctioneer fees if selling personal possessions or household contents.

Property clearance fees.

Share registrar fees for lost share certificate indemnity.

Solicitor fees for selling a property.

Solicitor fees for selling a business.

Stockbroker fees for transferring or selling shares.

How long will it take (estimated time frame):

Two weeks.

Who will carry out the work:

Your work will be carried out by a solicitor who is a full member of STEP and has a minimum of 5 years post qualification experience.

Our solicitors dealing with reviewing grant application papers are Paul ClarkTEP and Pamela MurphyTEP.

Paul Clark is the managing director of Spall Clark Solicitors and has overall responsibility for all probate matters.

Grant application only service

We will deal with the Grant application which includes completion of application via online portal or by post (depending on circumstances), completion of the Inheritance Tax return and all correspondence with the Probate Registry. If Inheritance Tax is due, we will liaise HMRC and will complete the documents required to pay Inheritance Tax. The personal representatives are responsible for obtaining and verifying the information required for the grant application and for completing the remainder of the estate administration.

Summary of the overall process:

If IHT205 required

Stage One
  1. Prepare papers to apply for probate including IHT205.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
Stage Two
  1. Apply to the Probate Registry for probate including paying registry fees.
  2. Probate is normally issued eight weeks after the application has been submitted.
Stage Three
  1. The grant is sent to you with copies of the grant application documents.
  2. You will deal with the remainder of the estate administration.

If IHT400 required and no Inheritance Tax is due

Stage One
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
Stage Two
  1. Submit IHT400 and Schedules to HMRC.
  2. Apply to the Probate Registry for probate including paying registry fees.
  3. Probate is normally issued eight weeks after the application has been submitted.
Stage Three
  1. The grant is sent to you with copies of the grant application documents.
  2. You will deal with the remainder of the estate administration.

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Stage One
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
Stage Two
  1. Arrange for Inheritance Tax to be paid to HMRC.
  2. Submit IHT400 and Schedules to HMRC.
  3. Apply to the Probate Registry for probate including paying registry fees.
  4. Probate is normally issued eight weeks after the application has been submitted.
Stage Three
  1. The grant is sent to you with copies of the grant application documents.
  2. You will deal with the remainder of the estate administration.

Our legal fees:

£995 – no Inheritance Tax due – IHT205 required

£1,495 – no Inheritance Tax due – IHT400 required

£1,995 – Inheritance Tax due – Estate value less than £2m

£2,495 – Inheritance Tax due – Estate value over £2m

Please note that we are not currently charging VAT on our fees.

What our legal fees do not include (other costs that you may be expected to pay):

Our legal fees do not include Inheritance Tax and this is paid from the estate of the person that has died. For further information about Inheritance Tax please see our Guide to Inheritance Tax or visit the Gov.UK website.

£155 – Probate Registry – Grant application fee

£1.50 – Probate Registry – Copy Grant fee (per copy)

Please note, there may be other fees due and we will always notify you before we start work if there are other fees due.

 

How long will it take (estimated time frame):

If IHT205 is required

Stage One

Two to four weeks

Stage Two

Eight weeks

Stage Three

One week

Overall:

Between Eleven and Thirteen weeks

If IHT400 required and no Inheritance Tax is due

Stage One

Two to four weeks

Stage Two

Twelve weeks

Stage Three

One week

Overall:

Between fifteen and seventeen weeks

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Stage One

Two to four weeks

Stage Two

Fourteen weeks

Stage Three

One week

Overall:

Between seventeen and nineteen weeks

 

Who will carry out the work:

Your work will be carried out by a solicitor who is a full member of STEP and has a minimum of 5 years post qualification experience.

Our solicitors dealing with Grant Only applications are Paul ClarkTEP and Pamela MurphyTEP.

Paul Clark is the managing director of Spall Clark Solicitors and has overall responsibility for all probate matters.

Part administration service

We will deal with part of the estate administration process and this will either by the first part up until the Grant of Probate has been received or the second part from receipt of the Grant of Representation to estate finalisation.

Summary of the overall process:

First part – up until receipt of the Grant of Representation

Stage One

  1. Determine if there is a valid will and identify the executors and beneficiaries. If there is no valid will, identify the beneficiaries and who is entitled to act as administrator.
  2. Obtain full details of the value of all assets and liabilities of the deceased. Often a formal value of furniture and personal effects is required but we will advise you if an estimated valuation is sufficient. Similarly, we will advise you if a valuation of a house or other property is required. Values of all jointly held assets are also needed.

Stage Two

If IHT205 required
  1. Prepare papers to apply for probate including IHT205.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Apply to the Probate Registry for probate including paying registry fees.
  4. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and no Inheritance Tax is due
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Submit IHT400 and Schedules to HMRC.
  4. Apply to the Probate Registry for probate including paying registry fees.
  5. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Arrange for Inheritance Tax to be paid to HMRC.
  4. Submit IHT400 and Schedules to HMRC.
  5. Apply to the Probate Registry for probate including paying registry fees.
  6. Probate is normally issued eight weeks after the application has been submitted.

Second part – from receipt of the Grant of Representation to estate finalisation

Stage One

  1. Register the grant of representation, obtain and complete relevant account closure forms.
  2. Place advertisements for statutory notices to creditors (if required).
  3. Collect in cash assets.
  4. Pay funeral account, if not already released from an account earlier, and all other bills.
  5. Settle with HM Revenue and Customs income tax to date of death and deal with any other outstanding matters.
  6. Contact Department of Works and Pensions to settle state benefits such as pensions. In cases where the deceased had been receiving means tested benefits, enquiries will need to be answered concerning the deceased’s assets.

Stage Two

  1. Prepare interim estate accounts and send these to the personal representatives for approval.
  2. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  3. Meet with beneficiaries to review their personal financial and inheritance tax position.
  4. Pay legacies.
  5. Make interim payments to residuary beneficiaries if possible and required.
  6. Arrange transfer of any property to beneficiaries including registering with HM Land Registry and fees.

Stage Three

If IHT205 or IHT400 is required and no Inheritance Tax is due
  1. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  2. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  3. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  4. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  5. Send copies of all the important estate documents to the personal representatives.
If Inheritance Tax is due (regardless of the value of the estate)
  1. Submit Inheritance Tax adjustments to HMRC for example corrective account or submit loss relief claim.
  2. Obtain inheritance tax clearance certificate.
  3. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  4. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  5. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  6. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  7. Send copies of all the important estate documents to the personal representatives.

 

Our legal fees:

Our fees for the first part of the estate administration (up until receipt of the Grant of Representation)

£2,995 – No Inheritance Tax due – IHT205 required

£5,995 – No Inheritance Tax due – IHT400 required

£7,995 – Inheritance Tax due – Estate value less than £2m

£12,995 – Inheritance Tax due – Estate value over £2m

Please note that we are not currently charging VAT on our fees.

Our fees for the second part of the administration (from receipt of the Grant of Representation to estate finalisation)

£2,995 – No Inheritance Tax paid – IHT205 has been completed

£5,995 – No Inheritance Tax paid – IHT400 has been completed

£7,995 – Inheritance Tax paid – Estate value less than £2m

£12,995 – Inheritance Tax paid – Estate value over £2m

Please note that we are not currently charging VAT on our fees.

If you would like us to deal with both parts, please see our full administration service.

 

What our legal fees do not include (other costs that you may be expected to pay):

Our legal fees do not include Inheritance Tax and this is paid from the estate of the person that has died. For further information about Inheritance Tax please see our Guide to Inheritance Tax or visit the Gov.UK website.

The First part of the administration (up until receipt of the Grant of Representation)

Likely to be paid in most cases:

£155 – Probate Registry – Grant application fee

£1.50 – Probate Registry – Copy Grant fee (per copy)

 

The second part (from receipt of the Grant of Representation to estate finalisation)

Likely to be paid in most cases:

£3 – Land Registry title check fee (per property title)

£20 up to £910 – Land Registry fees for transferring or assenting the property (dependant on property value)

£200 to £300 – Trustee Act Notices to Creditors (estimate)

Please note that we are not currently charging VAT on our fees.

Our Legal Fees that may be due on some but not all estates:

£995 – Appointment or removal of trustees (paid from the trust)

£495 to £995 – Disclaiming or varying an inheritance (paid by the person disclaiming or varying their inheritance)

£250 – Assent or transfer of registered property (per property title) (paid from the estate)

£1,995 – Providing advice to trustees on a one off basis (paid from the trust)

Please note that we are not currently charging VAT on our fees.

Please note, there may be other costs due and we will always notify you before we start work if there are other expected costs.

 

Other professional fees that may be due on some but not all estates:

Accountant fees for dealing with business tax returns or personal tax returns to up date of death.

Auctioneer fees if selling personal possessions or household contents.

Property clearance fees.

Share registrar fees for lost share certificate indemnity.

Solicitor fees for selling a property.

Solicitor fees for selling a business.

Stockbroker fees for transferring or selling shares.

Please note, the fees for other professionals will be confirmed before they are instructed.

 

How long will it take (estimated time frame):

The estimated time frames below are based on two executors instructing us to manage an estate consisting of two bank accounts, a property and two beneficiaries. The time frame is an estimate of how long each stage should take.

The First part of the administration (up until receipt of the Grant of Representation)

Stage One

Six to eight weeks

Stage Two

If IHT205 required

Ten to twelve weeks

If IHT400 required and no Inheritance Tax is due

Fourteen to Sixteen weeks

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Sixteen to Eighteen weeks

 

The second part (from receipt of the Grant of Representation to estate finalisation)

Stage One

Six weeks

Stage Two

Two weeks

Stage Three

If IHT205 or IHT400 is required and no Inheritance Tax is due

Six weeks

If Inheritance Tax is due (regardless of the value of the estate)

Sixteen weeks

 

Overall:

The First part of the administration (up until receipt of the Grant of Representation)

If IHT205 is required

Between four and five months

If IHT400 required and no Inheritance Tax is due

Between five and six months

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Between six and seven months

 

The second part (from receipt of the Grant of Representation to estate finalisation)

If IHT205 or IHT400 is required and no Inheritance Tax is due

Four months

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Six months

 

Who will carry out the work:

Your work will be carried out by a solicitor who is a full member of STEP and has a minimum of 5 years post qualification experience.

Our solicitors dealing with estate administration are Paul ClarkTEP and Pamela MurphyTEP.

Paul Clark is the managing director of Spall Clark Solicitors and has overall responsibility for all probate matters.

Full administration service

We will deal with the entire administration process from start to finish.

Summary of the overall process:

Stage One

  1. Determine if there is a valid will and identify the executors and beneficiaries. If there is no valid will, identify the beneficiaries and who is entitled to act as administrator.
  2. Obtain full details of the value of all assets and liabilities of the deceased. Often a formal value of furniture and personal effects is required but we will advise you if an estimated valuation is sufficient. Similarly, we will advise you if a valuation of a house or other property is required. Values of all jointly held assets are also needed. If dealing with a cross border estate administration, we will liaise with foreign lawyers in relation to the cross border aspects.

Stage Two

If IHT205 required
  1. Prepare papers to apply for probate including IHT205.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Apply to the Probate Registry for probate including paying registry fees.
  4. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and no Inheritance Tax is due
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Submit IHT400 and Schedules to HMRC.
  4. Apply to the Probate Registry for probate including paying registry fees.
  5. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Arrange for Inheritance Tax to be paid to HMRC.
  4. Submit IHT400 and Schedules to HMRC.
  5. Apply to the Probate Registry for probate including paying registry fees.
  6. Probate is normally issued eight weeks after the application has been submitted.

Stage Three

  1. Register the grant of representation, obtain and complete relevant account closure forms.
  2. Place advertisements for statutory notices to creditors (if required).
  3. Collect in cash assets.
  4. Pay funeral account, if not already released from an account earlier, and all other bills.
  5. Settle with HM Revenue and Customs income tax to date of death and deal with any other outstanding matters.
  6. Contact Department of Works and Pensions to settle state benefits such as pensions. In cases where the deceased had been receiving means tested benefits, enquiries will need to be answered concerning the deceased’s assets.

Stage Four

  1. Prepare interim estate accounts and send these to the personal representatives for approval.
  2. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  3. Meet with beneficiaries to review their personal financial and inheritance tax position.
  4. Pay legacies.
  5. Make interim payments to residuary beneficiaries if possible and required.
  6. Arrange transfer of any property to beneficiaries including registering with HM Land Registry and fees.

Stage Five

If IHT205 or IHT400 is required and no Inheritance Tax is due
  1. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  2. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  3. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  4. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  5. Send copies of all the important estate documents to the personal representatives.
If Inheritance Tax is due (regardless of the value of the estate)
  1. Submit Inheritance Tax adjustments to HMRC for example corrective account or submit loss relief claim.
  2. Obtain inheritance tax clearance certificate.
  3. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  4. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  5. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  6. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  7. Send copies of all the important estate documents to the personal representatives.

Our legal fees:

£3,995 – No Inheritance Tax due – IHT205 required

£6,995 – No Inheritance Tax due – IHT400 required

£9,995 – Inheritance Tax due – Estate value less than £2m

£14,995 – Inheritance Tax due – Estate value over £2m

Please note that we are not currently charging VAT on our fees.

What our legal fees do not include (other costs that you may be expected to pay):

Our legal fees do not include Inheritance Tax and this is paid from the estate of the person that has died. For further information about Inheritance Tax please see our Guide to Inheritance Tax or visit the Gov.UK website.

Likely to be paid in most cases:

£155 – Probate Registry – Grant application fee

£1.50 – Probate Registry – Copy Grant fee (per copy)

£200 to £300 – Trustee Act Notices to Creditors (estimate)

£3 – Land Registry title check fee (per property title)

£20 up to £910 – Land Registry fees for transferring or assenting the property (dependant on property value)

Please note that we are not currently charging VAT on our fees.

Our Legal Fees that may be due on some but not all estates:

£995 – Appointment or removal of trustees (paid from the trust)

£495 to £995 – Disclaiming or varying an inheritance (paid by the person disclaiming or varying their inheritance)

£250 – Assent or transfer of registered property (per property title) (paid from the estate)

£1,995 – Providing advice to trustees on a one off basis (paid from the trust)

Please note that we are not currently charging VAT on our fees.

Please note, there may be other costs due and we will always notify you before we start work if there are other expected costs.

Other professional fees that may be due on some but not all estates:

Accountant fees for dealing with business tax returns or personal tax returns to up date of death.

Auctioneer fees if selling personal possessions or household contents.

Property clearance fees.

Share registrar fees for lost share certificate indemnity.

Solicitor fees for selling a property.

Solicitor fees for selling a business.

Stockbroker fees for transferring or selling shares.

Please note, the fees for other professionals will be confirmed before they are instructed.

How long will it take (estimated time frame):

The estimated time frames below are based on two executors instructing us to manage an estate consisting of two bank accounts, a property and two beneficiaries. The time frame is an estimate of how long each stage should take.

Stage One

Six to eight weeks

Stage Two

If IHT205 required

Ten to twelve weeks

If IHT400 required and no Inheritance Tax is due

Fourteen to Sixteen weeks

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Sixteen to Eighteen weeks

Stage Three

Six weeks

Stage Four

Two weeks

Stage Five

If IHT205 or IHT400 is required and no Inheritance Tax is due

Six weeks

If Inheritance Tax is due (regardless of the value of the estate)

Sixteen weeks

Overall:

If IHT205 is required

Between seven and nine months

If IHT400 required and no Inheritance Tax is due

Between nine and ten months

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Between eleven and twelve months

Who will carry out the work:

Your work will be carried out by a solicitor who is a full member of STEP and has a minimum of 5 years post qualification experience.

Our solicitors dealing with estate administration are Paul ClarkTEP and Pamela MurphyTEP.

Paul Clark is the managing director of Spall Clark Solicitors and has overall responsibility for all probate matters.

Full administration service

We will deal with the entire administration process from start to finish.

Summary of the overall process:

Stage One

  1. Determine if there is a valid will and identify the executors and beneficiaries. If there is no valid will, identify the beneficiaries and who is entitled to act as administrator.
  2. Obtain full details of the value of all assets and liabilities of the deceased. Often a formal value of furniture and personal effects is required but we will advise you if an estimated valuation is sufficient. Similarly, we will advise you if a valuation of a house or other property is required. Values of all jointly held assets are also needed. If dealing with a cross border estate administration, we will liaise with foreign lawyers in relation to the cross border aspects.

Stage Two

If IHT205 required
  1. Prepare papers to apply for probate including IHT205.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Apply to the Probate Registry for probate including paying registry fees.
  4. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and no Inheritance Tax is due
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Submit IHT400 and Schedules to HMRC.
  4. Apply to the Probate Registry for probate including paying registry fees.
  5. Probate is normally issued eight weeks after the application has been submitted.
If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)
  1. Prepare papers to apply for probate including IHT400 and schedules.
  2. Review and signing of probate papers by the personal representatives. Normally we will have a meeting with them at this stage but if they live away this can be dealt with by post.
  3. Arrange for Inheritance Tax to be paid to HMRC.
  4. Submit IHT400 and Schedules to HMRC.
  5. Apply to the Probate Registry for probate including paying registry fees.
  6. Probate is normally issued eight weeks after the application has been submitted.

Stage Three

  1. Register the grant of representation, obtain and complete relevant account closure forms.
  2. Place advertisements for statutory notices to creditors (if required).
  3. Collect in cash assets.
  4. Pay funeral account, if not already released from an account earlier, and all other bills.
  5. Settle with HM Revenue and Customs income tax to date of death and deal with any other outstanding matters.
  6. Contact Department of Works and Pensions to settle state benefits such as pensions. In cases where the deceased had been receiving means tested benefits, enquiries will need to be answered concerning the deceased’s assets.

Stage Four

  1. Prepare interim estate accounts and send these to the personal representatives for approval.
  2. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  3. Meet with beneficiaries to review their personal financial and inheritance tax position.
  4. Pay legacies.
  5. Make interim payments to residuary beneficiaries if possible and required.
  6. Arrange transfer of any property to beneficiaries including registering with HM Land Registry and fees.

Stage Five

If IHT205 or IHT400 is required and no Inheritance Tax is due
  1. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  2. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  3. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  4. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  5. Send copies of all the important estate documents to the personal representatives.
If Inheritance Tax is due (regardless of the value of the estate)
  1. Submit Inheritance Tax adjustments to HMRC for example corrective account or submit loss relief claim.
  2. Obtain inheritance tax clearance certificate.
  3. Complete income tax returns to cover all income and capital gains arising during the estate administration.
  4. Prepare final estate accounts and send the accounts to the personal representatives for approval.
  5. Once the personal representatives have approved the accounts, we will send the accounts to the beneficiaries for their approval.
  6. Make final payments to the residuary beneficiaries and provide them with a set of final estate accounts.
  7. Send copies of all the important estate documents to the personal representatives.

Our legal fees:

£3,995 – No Inheritance Tax due – IHT205 required

£6,995 – No Inheritance Tax due – IHT400 required

£9,995 – Inheritance Tax due – Estate value less than £2m

£14,995 – Inheritance Tax due – Estate value over £2m

Please note that we are not currently charging VAT on our fees.

What our legal fees do not include (other costs that you may be expected to pay):

Our legal fees do not include Inheritance Tax and this is paid from the estate of the person that has died. For further information about Inheritance Tax please see our Guide to Inheritance Tax or visit the Gov.UK website.

Likely to be paid in most cases:

£155 – Probate Registry – Grant application fee

£1.50 – Probate Registry – Copy Grant Fee (per copy)

£200 to £300 – Trustee Act Notices to Creditors (estimate)

£3 – Land Registry title check fee (per property title)

£20 up to £910 – Land Registry Fees for transferring or assenting the property (dependant on property value)

Please note that we are not currently charging VAT on our fees.

Our Legal Fees that may be due on some but not all estates:

£995 – Appointment or removal of trustees (paid from the trust)

£495 to £995 – Disclaiming or varying an inheritance (paid by the person disclaiming or varying their inheritance)

£250 – Assent or transfer of registered property (per property title) (paid from the estate)

£1,995 – Providing advice to trustees on a one off basis (paid from the trust)

Please note that we are not currently charging VAT on our fees.

Please note, there may be other costs due and we will always notify you before we start work if there are other expected costs.

Other professional fees that may be due on some but not all estates:

Accountant fees for dealing with business tax returns or personal tax returns to up date of death.

Auctioneer fees if selling personal possessions or household contents.

Property clearance fees.

Share registrar fees for lost share certificate indemnity.

Solicitor fees for selling a property.

Solicitor fees for selling a business.

Stockbroker fees for transferring or selling shares.

Please note, the fees for other professionals will be confirmed before they are instructed.

How long will it take (estimated time frame):

The estimated time frames below are based on two executors instructing us to manage an estate consisting of two bank accounts, a property and two beneficiaries. The time frame is an estimate of how long each stage should take.

Stage One

Six to eight weeks

Stage Two

If IHT205 required

Ten to twelve weeks

If IHT400 required and no Inheritance Tax is due

Fourteen to Sixteen weeks

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Sixteen to Eighteen weeks

Stage Three

Six weeks

Stage Four

Two weeks

Stage Five

If IHT205 or IHT400 is required and no Inheritance Tax is due

Six weeks

If Inheritance Tax is due (regardless of the value of the estate)

Sixteen weeks

Overall:

If IHT205 is required

Between seven and nine months

If IHT400 required and no Inheritance Tax is due

Between nine and ten months

If IHT400 required and Inheritance Tax is due (regardless of the value of the estate)

Between eleven and twelve months

Who will carry out the work:

Your work will be carried out by a solicitor who is a full member of STEP and has a minimum of 5 years post qualification experience.

Our solicitors dealing with estate administration are Paul ClarkTEP and Pamela MurphyTEP.

Paul Clark is the managing director of Spall Clark Solicitors and has overall responsibility for all probate matters.

We look forward to working with you