At Curwens we have an experienced team of solicitors ready to give you straightforward advice to help resolve your issues. You can view the professional profiles of our expert team here.
Wills and Lasting Power of Attorneys (LPA)
We will provide you with a quote at the outset based on the facts provided by you. For straightforward Wills our fees will be at the rate stated below. However depending upon the specific circumstances the Will may be complex and so our quote will be higher. An example of such a complexity would be where Inheritance Tax planning is involved.
|Our Typical Fee (ex vat)||Our Typical Fee (inc vat)||Time Scale|
|Single Will (including Certainty.co.uk registration)||£185.00||£222.00||2-6 weeks|
|Mirror Wills (including Certainty.co.uk registration)||£310.00||£372.00||2-6 weeks|
|Single Life Interest Will including Severance of Joint Tenancy (including Certainty.co.uk registration)||£400.00||£480.00||3-8 weeks|
|Mirror Life Interest Will including Severance of Joint Tenancy (including Certainty.co.uk registration)||£700.00||£840.00||3-8 weeks|
|Single Discretionary Trust Will including drafting of Letter of Wishes (including Certainty.co.uk registration)||£600.00||£720.00||3-8 weeks|
|Mirror Discretionary Trust Wills including drafting of Letter of Wishes (including Certainty.co.uk registration)||£850.00||£1020.00||3-8 weeks|
|LASTING POWERS OF ATTORNEY|
|Single LPA||£450.00||£540.00||3-6 months|
|2 LPAs (registration fees also payable in addition)||£650.00||£780.00||3-6 months|
|4 LPAs (registration fees also payable in addition)||£850.00||£1020.00||3-6 months|
|Deed of Variation, from;||£300.00||£360.00||2-6 weeks|
|Deed of Appointment, from;||£300.00||£360.00||2-6 weeks|
|Deputyship 1 Application, (court / registration fees also payable in addition) from;||£950.00||£1140.00||3-6 months|
The fees above are stated excluding VAT which will be charged at the prevailing rate (currently 20%). The figures quoted cover all of the work we would reasonably expect to complete the straightforward documents stated.
Examples of additional fees we may have to charge would be for where the documents are to be produced in an unusually short time frame or where home or hospital visits are required.
The fees listed above do not include amounts that we may have to pay to third parties (disbursements). An example of such a disbursement would be the registration fee payable to the Office of the Public Guardian (OPG) which is currently £82 per LPA.
Typically it will take between 10 and 21 days to prepare a Will from the time of receiving all of your instructions. For LPA’s the timescale to prepare and register the forms at OPG is also 10 to 21 days. There is then a statutory waiting period and typically if there are no queries raised by OPG the LPA should be registered within 3 months.
As the circumstances around dealing with each Probate matter differ the quote you receive will be specifically tailored to those circumstances. The quote we provide will be based on the expected time it will take to complete your matter charged at your solicitor’s hourly rate (typically £220 per hour). To give you a guide our fees tend to fall into the following ranges for the stages of the process described.
|PROBATE / LETTERS OF ADMINISTRATION||Our Typical Fee (ex vat)||Our Typical Fee (inc vat)||Time Scale|
|Up to obtaining Grant of Probate including obtaining the valuations of the estates assets and liabilities (Probate court fee also payable in addition).||£700 - £2,000||£840 - £2,400||6 – 12 weeks|
|Collecting the assets and settling the liabilities, preparing the estate accounts and making the distributions.||£2,000 - £4,000||£2,400 - £4,800||2 – 4 months|
The fees above are stated excluding VAT which will be charged at the prevailing rate (currently 20%). The figures do not include amounts that we may have to pay to third parties (disbursements). If the estate is complex in nature our final bill may be higher to reflect this.
The factors that can affect the price are whether the estate includes any properties, the number of assets to be collected, whether Inheritance Tax is involved, the number and location of beneficiaries, etc.
In some complex matters the firm's charges may also contain an element based upon the value of the estate, in accordance with the guidelines issued by the Law Society. This is because the value is a reflection of the importance of the matter and consequently the responsibility of the firm to take all due care of that value. Consequently in a number of cases, the firm will also charge between 1%-1.5% of the gross value of the estate (less the value of any residence which was owned and forms part of the estate) and between 0.5%-0.75% of the value of the deceased's interest in any residence.
If properties are involved and we deal with the sale we will charge separately for that transaction (see our Residential or Commercial Property Fees Guide as appropriate).
Any work that is contentious such as the Will being contested will be dealt wit by our Dispute Resolution team on an hourly charge basis.
The fees listed above do not include amounts that we may have to pay to third parties (disbursements). The following are the usual disbursements you can expect:
- Electronic transmission of money - £35 plus VAT
- Probate application fee - £155
- Swear fee - £5 to £10