How much will it cost?
Wills
£300 for a Single Will / £540 for Mirror Wills (inc VAT)
Most Wills we do qualify as ‘simple’ Wills. This is where an Executor and a substitute is appointed, a few gifts of money or items are made, there is a Guardianship clause (where appropriate) and a gift of Residue (the rest of your estate). This price is inclusive and will not change unless your instructions change.
£450 for a Single Will / £780 for Mirror Wills (with a Wills Trust or more complicated drafting) (inc VAT)
This would include a Life Interest Trust / a Discretionary Wills Trust or a Will containing more than a few gifts of items and / or Beneficiaries. For more than one Trust or very complicated drafting then the costs would increase incrementally and these would be provided at our initial meeting.
Lasting Powers of Attorney – Property and Financial Affairs and / or Health and Welfare
One type for one person £360* / both types for one person £540* (inc VAT)
One type for a couple £540* / both types for a couple £960* (inc VAT)
(*Lasting Powers of Attorney (LPA’s) require registration with the Office of the Public Guardian and each LPA costs an additional £82 to register) (Prices may increase for more complex LPAs / LPAs with more than two Attorneys)
Probate / Estate Administration
For Probate (estate administration) the costs for full administration of an estate vary dependant on the amount of time it will take to administer therefore an accurate estimate will be provided on receipt of all the relevant information. Please make an appointment to have a no obligation chat about the likely costs. In all cases no costs will be incurred until discussed and agreed and full terms and conditions have been signed.
Prices for obtaining Grant of Probate (or Letters of Administration) where you provide the probate values of the estate and the application is made to the Court for the Grant of Probate by us the cost is fixed:
Simple estate (unmarried) – Will – under £325,000 – £1000.00 (plus VAT)
Simple estate (unmarried) – no Will – under £325,000 – £1200.00 (plus VAT)
Simple estate (married) – Will – under £650,000 – £1000.00 (plus VAT)
Simple estate (married) – no Will – under £650,000 – £1200.00 (plus VAT)
Estate (where spouse has pre-deceased) – Will – under £650,000 – £1000.00 (plus VAT)
Estate (where spouse has pre-deceased) – no Will – under £650,000 – £1200.00 (plus VAT)
Estate under £1,000,000 (where spouse has pre-deceased and property owned jointly) – £1,500.00 (plus VAT)
Complex estate – tax payable or IHT400 required (depending on types and numbers of assets) – £1,750.00 – £2,500.00 (plus VAT)
Miscellaneous
£150 (plus VAT) for a General Power of Attorney
£100 (plus VAT) for a Living Will
Payment by bank transfer (preferred) cheque or credit / debit card. Fees correct as at 1st November 2024.