Empathetic Support with Probate and Estate Administrations
When a loved one dies, their property, money and belongings will need to be dealt with. This means following the wishes in their Will or distributing under the rules of intestacy.
You may have been chosen to be Executor and find yourself faced with the daunting task of sorting everything out.
Our solicitors at Broadstone Legal have more than 20 years experience in assisting with Inheritance Tax returns, Probate applications and estate administrations. We offer a free, no obligation initial meeting to discuss your role as Executor and to help point you in the right direction of what you should be doing.
JARGON EXPLAINED
SERVICES
We are here to help and understand that different people need different levels of assistance when dealing with an estate. With this in mind we offer a range of services:
Drafting and Submitting Your Probate Application:
Rather than us managing everything, clients often want us to help in a more limited way. We act for many clients where we will only:
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Draft the Inheritance Tax account and Legal Statement
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Submit the application to HM Revenue and Customs and / or the Probate Registry
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Secure the Grant of Probate by settling any Inheritance Tax that is due
Once you have the Grant you then deal with the remaining administration or, if needed, we can offer further assistance.
For a simple estate costs start at £370 (+ VAT).
For more complicated estate requiring an Inheritance Tax return, our costs start at £950 (+ VAT).
Higher fees may apply if the estate is especially complex.
Our tailored service includes:
Full Administration and Distribution
This would be where you hand all of the work over to us. What is involved will vary greatly depending on the complexity of the estate but will generally include:
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Getting valuations of the assets and liabilities in the estate
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Preparing and submitting the application for Probate
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Paying any Inheritance Tax due
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Closing bank accounts, selling property and gathering assets in
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Settling any debts
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Distribution to the beneficiaries
Costs will be based on time spent at the appropriate hourly rate for your fee earner. The time spent will depend on the complexity of the estate and an estimate will be provided once we have a clear understanding of the work involved.
For a simple estate costs would normally be between £2,500 (+ VAT) – £3,500 (+ VAT).
When required:
The final alternative is that we can be available at the end of the phone, on email or in person to hold your hand through the process as and when you need us.
We can mix and match any of our services to suit you, whether this be on a one off question or on a more regular basis.
Costs will be based on time spent at the appropriate hourly rate for your fee earner. The time spent will depend on the complexity of the estate. .
Get started today
Contact us to schedule a consultation with one of our friendly and knowledgeable solicitors.
We are here to guide you through every step of the process, making it as straightforward and stress-free as possible.
Personalised
service in
Norfolk & Suffolk
# BroadstoneLegal
Dunwich Heath, Suffolk