There are circumstances where it is possible to handle Probate yourself as the executor of a will. However, during a time of grief and to ensure that all legal obligations are covered properly, many people decided to enlist the services of a trusted Probate solicitor to handle the process for them.
At times of heightened emotional distress, the thought of navigating the legalities of Probate may be too much and it is therefore often best to employ the services of a trusted solicitor. A Probate solicitor remains independent and does not get involved in the emotional issues that can often be stirred. This is something that a Probate solicitor is highly trained in and so they can deal with the legalities with a clear, impartial mind and sound legal knowledge.
There are a number of reasons why using a solicitor would be of benefit for Probate. This is particularly true if there are problematic issues to deal with, for example:
• The will is being disputed and/or somebody was left out of the will who may feel they have a genuine claim.
• The deceased died without a will.
• The estate involves trust funds or other complications
• The estate is bankrupt.
• The estate has parts which are outside of the UK, such as property or savings abroad.
• The value of the estate is still receiving a regular income.
• The value of the estate is on the boundary of the Inheritance Tax threshold.
It may be wise to use the solicitor who drew up your will to deal with the Probate, but this is not always absolutely necessary. Use a solicitor that you trust to do a good and thorough job and to work in your best interests.
How Much Will a Probate Solicitor’s Services Cost?
Solicitor’s charges can vary, dependent on your solicitor. Some charge an hourly rate or by a percentage of the value of the estate. If the latter option is chosen, the fee will likely be between 1% and 5% plus VAT.
There may also be disbursement costs and service extras to consider, for example the probate application fee or receiving certified copies of documents, such as a death certificate. These will not form part of the solicitor’s fee and therefore should be budgeted extras.
To learn more about the cost of our Probate services at Clowes & Co or to discuss your case, please contact us.
