In a typical case, we would anticipate this will take between 10 and 20 hours work at £250.00 per hour plus VAT at 20%. Total costs estimated at – £3,000.00-£6,000.00 (inclusive of VAT).
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.
We will handle the full process for you. This quote is for estates where:
• There is no more than one property
• There are no more than 10 bank or building society accounts
• There are no other intangible assets
• There are no international beneficiaries
• There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
• There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
• There are no claims made against the estate
Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Potential additional costs
How long will this take?
On average, estates that fall within this range are dealt with within 6-9 months but this is dependent on extraneous factors such as delays in responses from the Department for Work & Pensions (DWP) or other government agencies, utility companies and banks and, not least of all, completion of the sale of the estate property. Typically, obtaining the grant of probate takes 2 weeks. Collecting assets then follows, which can take between 4-6 weeks. Once this has been done, we can distribute the assets, which normally takes place 6 months after the Grant of Representation has been issued.
Honestly I would recommend PDA for any agency/landlord deposit dispute. Jane was such a dream to work with and she got me a good compensation. She was quick and responsive throughout the whole process as well as transparent. She kept me in the loop with all correspondence with the agency/landlord. She also knows her stuff. Would recommend PDA law.
It was our first time we dealt with PDA law for our conveyancing. We were recommended to them by the Property agency. We are glad we had a good experience with PDA law, especially during lockdowns and Christmas period. They made sure, they had all the paper-work in place with all searches done in time. They provided us with realistic timescales, so that there is no disappointment towards the end. Looking forward to deal with them in the near future.