Gold Package - £2,475 + VAT + Disbursements
This is a full administration package designed for those who would rather instruct solicitors to deal with all the legal work.
Gold Package - £2,475 + VAT + Disbursements
If you choose our Gold Package, you will receive the following services.
- Receive and review death certificate, original Will (if there is one) and all paperwork relating to the assets and liabilities.
- Obtain values of all assets and liabilities by writing to organisation concerned.
- Preparing Death Certificate Verification Form
- Registration of death with all known creditors
- Registering the death with all known pension providers
- Registering the death with HMRC for Income Tax purposes
- Calculation of the gross and net values of the Estate
- Calculation of the Inheritance Tax (IHT) due
- Preparation of the IHT account to include a claim for a transferable Nil Rate Band
- Making payment of the IHT from the Estate assets
- Preparation of the Oath for Personal Representatives/Administrators
- Applying to the Probate Registry for the Grant of Probate
- Dealing with any queries from the Probate Registry
- Receive the Grant of Probate
- Register the Grant with all known asset holders and collect in the assets of the Estate
- Place statutory advertisement (if required)
- Pay all known debts and liabilities of the Estate
- Review the income tax position to the date of death
- Deal with the income tax position for the administration period
- Deal with the capital gains tax position for the administration period.
- Undertake a bankruptcy search against all beneficiaries
- Pay legacies
- Prepare Estate Accounts
- Obtain Personal Representative approval of the Estate Accounts
- Obtain residuary beneficiaries approval of the Estate Accounts
- Liaising with beneficiaries
- Distributing the residuary Estate
- Advice on the meaning of the Will or intestacy provisions
- Advice on searching for lost assets
- Advice on statutory advertising to protect the Personal Representatives
Estimated disbursements will include:
- Commissioners fee - £11 for each Personal Representative swearing the Oath, plus £2 for each exhibit (the original Will and nay codicil(s)).
- Probate application fee - £155, plus 50p for every additional sealed copy.
- Valuation fees (for property, land, chattels, shares etc) - to be ascertained.
- Lost asset search - from £150
- Statutory advertisement - from £250
- Bankruptcy search - £2 per name
For a comparison between the packages, please click here.
*Prices exclusive of VAT and Disbursements