Our full Estates service includes:
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Advising on the entitlement to administer an Estate
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Identifying the Beneficiaries of an Estate
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Applying for a Grant of Representation where needed
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Gathering in/realisation of assets to include, as appropriate, the sale or transfer of land and buildings in the Estate
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Payment, from Estate funds, of debts and liabilities
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Reporting on and settling, from Estate funds, the Estate’s liability for Inheritance Tax, Income Tax and Capital Gains Tax
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Advising the Personal Representative(s) on their duties and responsibilities
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Advising on tax-efficient methods of distributing an Estate (e.g. appropriation of assets)
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Accounting to the Beneficiaries and distributing the Estate
Table A | |
Partners and Consultants | £200.00 plus VAT |
Solicitors/Chartered Legal Executives/STEP members (qualified 10 years +) | £195.00 plus VAT |
Solicitors//STEP members | £175.00 plus VAT |
Chartered Legal Executives | £140.00 plus VAT |
Executives | £100.00 plus VAT |
Trainee Solicitors | £80.00 plus VAT |
Junior Executives | £70.00 plus VAT |
Table B | |
Value of assets passing by survivorship | 0.15% |
Value of residence passing under Will / Intestacy | 0.75% |
Value of remainder of gross Estate | 1.50% |
In cases where our retainer is limited to obtaining a Grant in order to realise/transfer limited assets (e.g. to close a single Bank account or to transfer a property) we may be able to offer a fixed or capped fee which will be determined by reference to the estimated time to conclude matters.