The prices quoted on this website, for each of the stages detailed below, are for standard, straightforward, non-contested Estate Administrations. Our quote for the legal work on your Estate Administration will be given on a fixed fee basis, subject to assumptions which are set out below. All legal fees and additional costs quoted on this page include VAT ( at the current rate of 20%) where applicable.
Our quote will be based on the specific circumstances of the Estate in question and will be detailed in two stages as follows:
Stage 1: Application for the Grant of Representation – detailed on this page
Stage 2: Gathering and distributing the assets according to the Will or the Rules of Intestacy– detailed here
The TSP Wills and Estates team can help with both stages of the estate administration or just the first or second stage. We are happy to be flexible, giving as much support to the Executors / Administrators as needed to ensure the process is completed in an efficient and timely manner.
A standard, straightforward Estate Administration would typically be where
- All assets are UK based
- There is no more than one property in the estate
- There are no more than 7 other assets such as bank accounts or share holdings
- There are no business or farming interests
- There are no more than 5 beneficiaries
- See FAQ section below for more detail
TSP Legal Fees for Stage 1:Application for Grant: The range of VAT inclusive fixed fees for the Legal Work involved in an Application for the Grant of Representation are shown in the table below. The table also describes the key stages in the application process. As shown in the table, in addition to our standard service, which differs depending on the type of Inheritance Tax (IHT) form that is required, the team are also able to offer a simple service where the executors obtain the asset valuations themselves and there is no requirement for an IHT 400 form to be completed.
| Stage 1: Application for Grant of Representation | Simple (incl VAT) | Standard A. (incl VAT) | Standard B. (incl VAT) |
|---|---|---|---|
| TSP Legal Fee | £1,250 - £1,500 | £2,500 - £5,500 | £6,000 - £15,000 |
| Advise on type of application required | N | Y | Y |
| Obtain valuations of the estate assets and liabilities: Who? | YOU | TSP | TSP |
| Prepare and submit Statutory Notices if required | Y | Y | Y |
| Prepare Inheritance Tax declaration and forms as follows: | |||
| IHT 205 | Y | Y | N |
| IHT 217 | N | Y | N |
| IHT 400 | N | N | Y |
| Complete the Statement of Truth | Y | Y | Y |
| Submit application to the Probate Court | Y | Y | Y |
| Receive the Grant | Y | Y | Y |
We are required by law to verify our client’s identity and also a number of other types of individual with whom we work, such as executors and trustees, for example. We will charge £10 plus VAT (£12 in total) per individual that we check. More information on the types of individuals we are required to check can be found in our Terms of Business.
In addition to TSP Legal Fees the table below details some of the other costs that might be required depending on the specifics of the estate.
| Additional costs involved in the Grant Application | Includes VAT? | From | To |
|---|---|---|---|
| Certainty Search (if there is no Will) | Yes | £45.60 | £238.80 |
| Financial Asset Search (if deceased is not well known to executors) | Yes | £120 | £300 |
| Land Registry Fee (if there is a property) Office Copy Entry | Yes | £3.60 | £3.60 |
| Publication of Statutory Notices (if required) | Yes | £180 | £360 |
| Application to the Probate Court (no fee if estate is less than £5000) | N/A | £273 | £273 |
| Additional copies of the Grant (per copy) at time of issue | N/A | £1.50 | £1.50 |
In addition to the above costs the estate may also be liable for IHT. There is a useful IHT calculator on gov.uk website here
Depending on the type and value of assets in the estate you may also need to pay for professional valuations.
A comprehensive explanation of the key stages of the Estate Administration process can be found here. In our FAQ section, which you can access by clicking the yellow FAQ tab above related people and related guides below, you will find important information on
- Key stages in your application for grant
- Key assumptions about the cost of your application for grant
- Key exclusions from the cost of your application for grant
- How long will your application for grant take?
Your application will be progressed by Lawyers in our Wills and Estates team whose details can be found in related people below. Team Leader, Fiona Ashworth, supervises the work of all of the lawyers in the Wills and Estates team. Please read each profile for information on their qualifications and experience.
