If the estate is more than £325,000 then in some cases there may be inheritance tax payable, for example if there is no surviving spouse. In this case, in order to obtain the Grant of Probate, these are the documents we will prepare for you and submit to the Probate Registry:
- AN OATH SWORN BY THE EXECUTORS
- AN INHERITANCE TAX ACCOUNT (IHT205 or IHT400)
- THE ORIGINAL WILL
Simply complete the questionnaire below if you would like us to prepare the relevant documents. Once we have received your completed questionnaire, as there may or may not be inheritance tax to pay, we will contact you with a quote for dealing with the probate application for you based on the information you have provided in your questionnaire.
Our charges are based on a fixed percentage of the gross estate. For an estate where there is no Inheritance Tax payable then we would charge 0.75% of the gross estate. If the estate is taxable, then a rate of 1.5% would be applied. These rates are very competitive and particularly when compared to the rates set down by the Law Society. However, these rates may be subject to change if there are any complicating factors e.g foreign property, family dispute leading to an Inheritance Act claim etc. This excludes the Court fees (usually in the region of £60 and any Land registry fees if applicable) it also excludes advice on inheritance tax. If we do provide advice which produces and inheritance tax saving, for example, if we advise on a Deed of Variation we will charge separately for that.
