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At MLP Law, our solicitors have a range of specialist experience in dealing with the administration of estates. Most of the solicitors in the department either have, or are working towards, the Society of Trust and Estate Practitioners (STEP) Diploma in Trusts and Estates. We are experienced in dealing with complex, high-value estates and advising on estates which include business assets, overseas assets and where the domicile of the deceased needs to be ascertained.
We have local connections with estate agents, surveyors and other third parties who may need to be instructed to undertake work during the course of the administration of an estate.
We provide a personal approach when dealing with our clients. The person that you will see in your initial meeting will be the person with overall responsibility for your matter, and will be a point of contact for you on a day-to-day basis. However, if it would be most cost-efficient and appropriate to delegate work to colleagues with lower hourly rate, we will do so to keep the costs to you down.
At MLP Law, we are up-front and honest with our charges. Our aim is to ensure that our clients are completely confident in our service and that there will be no surprises, and no hidden costs.
If you instruct us to administer an estate on your behalf, we will prepare a bespoke proposal, offering tailored options to you as to how we price our work. This gives you control over our
The work involved in the administration of an estate can vary greatly depending on many factors, including (but not limited to) the following:
As a result, our costs will depend on the specific circumstances of the estate and the work we are instructed to do. This, by its very nature, has to be dealt with on a case by case basis.
If you require help with the administration of an estate, we will invite you to a free, no-obligation 15-minute appointment to discuss the assistance you need.
If you require help with obtaining a Grant of Probate only, and do not require assistance with the administration of the whole estate, we will be able to give you a fixed fee quote for this work (unless the estate is unusually complex or high-value), with our fixed fees for these types of matters start from £1500 (ex VAT) and expenses.
If you require assistance with the administration of the entire estate, we will produce a pricing proposal after our initial meeting. This proposal will normally give you 2-3 options for our costs. The options given will often comprise one or more of the following, although other options may be offered if appropriate:
From experience, we find that the average costs for estates administered on an hourly rate basis tend to be as follows:
|Value of the estate
|Up to £325,000
|Starting from £3,750 (ex VAT, where appropriate)
|Up to £650,000
|Starting from £5,650 (ex VAT, where appropriate)
|Up to £1.5 million
|Starting from £7,950 (ex VAT, where appropriate)
|£1.5 million +
Our proposal will always take into account the specific circumstances of the matter so if, for example, an estate were to only consist of a house worth £1.5 million, and no other assets whatsoever, our hourly rate charges may be less than outlined in the table above, due to the amount of work that would be involved in administering the estate. The figures outlined are not fixed and are for guidance only and we would always recommend a free, no-obligation consultation with one of the team, for an accurate proposal.
The proposal will also outline any third-party expenses which may be payable in addition to our costs, and any work that is excluded (i.e. the sale of a property in the estate would be dealt with by our Residential Property Department, for which a separate quote would be provided).
If you have any questions about our costs, would like further information, or would like to arrange a free, no-obligation 15-minute consultation, please feel free to contact a member of the team.