Email:  info@lancasterwillsandtrusts.co.uk

 

                                                 Tel:  0208 886 2344   

Fixed Fee Probate

At Lancaster Wills & Trusts we've been assisting client families for 15 years to source low-cost, fixed fee probate services following a death. We work with a number of Probate Lawyers, both nationwide but especially in and around Greater London, and actively negotiate on behalf of client families to secure affordable estate administration. 

'Probate' is the term commonly used to describe the process of winding up a person's estate after they have died. It involves establishing what assets were held, what debts owed, the extent of any Inheritance Tax to be paid, and the distribution of the (net) estate value to those entitled to receive it. Hopefully a valid Will exists so that the wishes of the deceased for dispersing their assets is clear to both executors and potential beneficiaries.

 

The fees charged by many banks and solicitors to probate a Will can be very high, and executors are well advised to shop around to achieve fair value. Doing so could literally save an estate tens of thousands of pounds! Many banks and solicitors charge fees as high as 4 or 5% (plus Vat) of the value of the estate, which on an estate worth £600,000 would mean a bill of over £30,000!

 

Some solicitors generate high fees within the context of 'hourly rates', charging as much as £250 an hour, as well as adding a set percentage of the estate value (around 1%), and an amount per letter with other disbursements on top. A bereaved family are eventually presented with a bill of charges far greater than they ever imagined! Thankfully such extortionate fees and charging methods can be avoided. 

How Can We Help?

As specialists in estate planning, we work closely with organisations that provide probate. These include Trust Corporations, Lawyers and Solicitors. Just as we strive to ensure that our clients receive an excellent service at an affordable price, so do we expect the same service standards and good value from probate providers. If not, we do not recommend them. 

 

All the probate and estate administration lawyers we recommend offer excellent value for money. They work to a fixed fee that is agreed in advance, calculated after establishing the amount of work required to process the estate. There are no hidden extras.

 

All recommended lawyers are fully insured for the work they do. Often we can negotiate a better price for our clients than they could achieve directly themselves, and are happy to seek competitive quotations for all clients and executors, whether new or existing.

 

So if you're an executor looking to probate a Will, contact us for a fixed fee probate quote! There's no obligation. We're sure you'll be pleasantly surprised! 

If you'd like to know more about our services or would like confirmation of our fixed fees please complete the Message Form opposite. We'll reply to you as soon as we can. 

 

We're also happy to answer general queries about writing a Will, securing Lasting Power of Attorney Forms or about obtaining Probate.

 

If you wish us to get back to you by phone, please leave your contact phone number and we'll ring you back.

 

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