In relation to the SRA’s new Transparency Rules, please find below pricing enabling you to make an informed decision regarding your legal affairs.
Private Client Costs
We offer a free 30 minute no obligation meeting and any advice thereafter will be charged at an hourly rate (up to £210 per hour) unless falling under a fixed fee category below:
|EPAs (fixed costs)||Description||Price|
|Registration||EPA –registration – preparing the forms to register the EPA including all notices and correspondence required. Once completed registering the EPA with the OPG. Once registered the EPA will be handed back to the client.||£750|
|Revocation||EPA – revocation. Drafting the revocation, arranging signature and sending to OPG only.||£250|
|LPAs (fixed costs)||Description||Price|
|Single||LPA – revocation. Drafting the revocation, arranging signature and sending to OPG only.||£450|
|Double||LPA – revocation. Drafting the revocation, arranging signature and sending to OPG only.||£800|
|4 LPAs||LPA – revocation. Drafting the revocation, arranging signature and sending to OPG only.||£1500|
|Plus a registration fee of £82 per LPA payable to the OPG|
All of the above depends on the timings of the OPG. We are able to draft the documents within a day if required, however, the OPG can take up to 3 months to register an EPA/LPA. We shall notify you when the document has been sent to the OPG.
|Will (fixed costs)||Single||Mirror|
|Straightforward (no tax advice)||£300||£500|
|IPDI (outright gift)||£750||£1500|
|Disc trust (outright gift)||£750||£1500|
|IPDI then disc trust||£1250||£2000|
Wills – initial meeting gathering information. Tax advice if required. Drafting the will. Seeking approval. Then arranging for signature. Storing the Will. A Will can be completed within a day if the circumstances demand, however, the majority of our Wills take approximately 2-3 weeks to complete as this allows you time to review the draft document and make sure you are happy with it before it is signed.
Secure storage of Will – free of charge
|Grant only (fixed costs)|
|IHT 205||£1500 – £2000|
|IHT 400 no tax||£2500 – £3000|
Whole estate administration is charged at an hourly rate (£110 – £210). In the initial engagement letter an estimate will be given on the likely amount of hours it will take.
Estates – grant only – the client is to provide us with all paperwork required to draft the papers. We will then prepare the oath and IHT form based on that information. Once the grant is obtained, it will be passed back to the client. We do not administer the estate. From the moment all the information is passed to us from the client, this type of work can take a week or so before it is sent to the Probate Registry. The Probate Registry will then issue the grant within 3-5 weeks.
Estates – whole estate – we do everything from gathering in the date of death valuations of the estates, completing the oath and IHT papers, preparing estate accounts, distributing the estate, finalising the income tax position. The time frame of dealing with a whole estate depends largely on the size of the estate. Small estates can take between 6-12 months to finalise, whereas larger estate can take between 12 – 24 months.
|Court of Protection|
|Deputyship application (hourly)||£5000 upwards|
|Statutory Will application (hourly)||£5000 upwards|
Deputyship and statutory Will application. The timeframes of these matters are largely dictated by the Court of Protection.