Our fees in uncontested English estates are based on a ‘time spent’ basis, dependant on the hourly rates of the member of JPC's private client team carrying out each aspect of the administration.
Their profiles are below:
As estates differ in value and complexity, it can be difficult to provide standard costings without being aware of all parameters. However, some sample estate pricing is set out below. These costs are based on hourly charge out rates between £150 and £350 plus VAT and dispursements.
For your information we use the term ‘disbursements’ to mean any costs or expenses paid or to be paid to a third party on behalf of a client (including any VAT element) except for office expenses such as postage and courier fees.
- A fee for obtaining a Grant of Probate for a simple estate, where there is a single property and bank account(s) is usually in the region of £1,500 plus VAT plus disbursements.
- A more complex estate, where there are numerous assets and/or a foreign element our fees can range from £2,500 up to £20,000 plus VAT.
Once we establish the nature and value of all the assets and liabilities of an estate, JPC provide the client with a fee estimate for the administration.
Having provided a fee estimate, if any unexpected issues arise in the administration process, JPC notify the client as soon as possible and amend our fee estimate accordingly, with the client’s approval.
We are also prepared to agree fixed fees.