Probate & the Administration of Estates

Deal with the paperwork/Obtain Grant of Probate/

File an Inheritance tax return/Collect the estate assets/

Pay the beneficiaries

 

Dealing with the death of someone you love is distressing and difficult. The last thing you may feel like doing is sorting out the paperwork and dealing with the estate administration alone. After a death, it can be difficult to know what steps to complete and in which order you should complete them.

 

Many Personal Representatives complete tasks wrong and are not sure if they need a Grant of Probate or Administration to deal with an estate. It can be serious if any necessary Inheritance Tax account is not completed correctly or filed within the statutory time period as this can lead to a personal liability for the Personal Representatives.

 

We offer a full estate administration service which gives you sympathetic support and takes the paperwork out of your hands. Unlike most solicitors we do not charge an hourly rate for this. Instead we charge a set fee based on the value of the estate for Inheritance Tax purposes. We understand that you need to be able to speak to us or meet with us when necessary, but you do not need to worry about the costs of doing so. Knowing at the outset of your case what it is going to cost, however many times you meet us, means you have one less thing to worry about. For the fees that may apply please click here or on the link opposite.

The following work is included under our full estate administration service:-

  • Valuation of the estate assets and debts.

  • Application for the Grant of Representation.

  • Payment of Inheritance Tax and preparation of HM Revenue and Customs forms.

  • Payment of liabilities.

  • Finalising income tax affairs.

  • Collecting in all assets and arranging sales as appropriate.

  • Transferring assets to the beneficiaries where required.

  • Payment of legacies due under the Will.

  • Preparing final Estate Accounts for approval by the Executors and beneficiaries.

  • Arranging for trust assets to be invested where a trust arises under the Will or intestacy.

  • Making the final distributions of money and assets to the beneficiaries.

  • Advising on Deeds of Variation and any other matters arising during the course of the administration

 

​On average, for a simple case the administration will be completed within 6 - 12 months. Typically, obtaining the Grant of Probate takes 3 - 4 months from the point we are instructed. Collecting assets then follows, which can take a further 3 – 4 months. Once this has been done, distribution of the assets normally takes a further 2 -3 months. These time estimates are for guidance only and vary depending upon the work involved.

 

If you do not require a full estate administration service, you may qualify for our Probate Assist Scheme which is for those cases where a full administration service is not needed, but where you would like us to get the Grant of Representation only for you. Costs for this are just £960 inclusive of VAT. Disbursements are payable in addition. Click on the Probate Assist link opposite for further information and how to apply.

We also offer an initial fixed fee interview for Probate cases which is £60.00 ( including VAT) for a 60 minute consultation to discuss the executors duties, with no continuing obligation on you thereafter.

More about Probate

Terms and Conditions

Probate Assist Scheme

Probate Costs Transparency

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Wills Jacobsen are authorised and regulated by CILEx Regulation for Probate: Authorisation Number 2164535. Read the CILEx Code of Conduct

Wills Jacobsen is the trading name for Wills Jacobsen Legal Ltd

 

Company number: 09511808

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Registered office:

 

1 Broughton Business Centre, Causeway Road,

Broughton,

Huntingdon,

PE28 3AR