Trusts and Estates
Our charges depend on the time spent in dealing with the Estate. We do not charge any additional value-related fee such as a percentage of the asset value. Of course every Estate is different and the amount of work involved - and therefore the cost - will reflect those differences.
There will be information to gather before will be in a position to give meaningful indication of the likely fees; what are the terms of the Will, what assets are comprised in the estate, what is the Inheritance Tax position, and how much management/administration are you comfortable with.
There are however some known costs: -
- Fee on Probate Application £273 (plus £1.50 for every additional copy of the Grant that is required)
- A bankruptcy search that is made against each beneficiary of £2 per beneficiary
- Fees to place a notice in the London Gazette to protect against claims from unknown creditors and a fee for a similar notice in a local newspaper
- Fees for professional valuations of assets in the estate: property, jewellery, object d’art etc
An initial consultation and plan is best for matters such as these and we are happy to conduct these by various means (telephone, virtual meeting or face-to-face) and they are free of charge.
Our charges depend on the time spent in dealing with the Estate. We do not charge any additional value-related fee such as a percentage of the asset value. Of course every Estate is different and the amount of work involved - and therefore the cost - will reflect those differences.
There will be information to gather before will be in a position to give meaningful indication of the likely fees; what are the terms of the Will, what assets are comprised in the estate, what is the Inheritance Tax position, and how much management/administration are you comfortable with.
There are however some known costs: -
- Fee on Probate Application £273 (plus £1.50 for every additional copy of the Grant that is required)
- A bankruptcy search that is made against each beneficiary of £2 per beneficiary
- Fees to place a notice in the London Gazette to protect against claims from unknown creditors and a fee for a similar notice in a local newspaper
- Fees for professional valuations of assets in the estate: property, jewellery, object d’art etc
An initial consultation and plan is best for matters such as these and we are happy to conduct these by various means (telephone, virtual meeting or face-to-face) and they are free of charge.
Interested in this service?
We are happy to carry out meetings in person, over the telephone or by your preferred virtual platform.
A classic approach
Communication
We strongly believe in the benefits of developing long-lasting relationships with our clients.
We aim to be approachable, easily contactable and offer a broad, inter-discipline, assessment of client needs. We are happy to meet via telephone or virtual meeting, but still prioritise face-to-face meetings where possible.
Collaboration
We work closely across our departments to ensure that specialist knowledge and experience is accessed; when queries arise, there will always be someone available who understands and can deal with your concerns.
We are also keen to work alongside other key stakeholders and individuals; land agents, accountants, your existing solicitor or financial adviser, and of course, your family.
Community
As a firm we are keen to promote and involve ourselves in the community, and to support local charities and initiatives, such as Jeremiah’s Journey, St. Lukes, the Plymouth Argyle Community Trust (Project 35), Emotional Logic and the Ivybridge Brewery.
The South West is a beautiful places to live and we are proud to be based here, we’re therefore keen to help where we can.
Testimonials
“We used SW Law and Finance for equity release, and what can be a life-changing process was explained in detail, with excellent professionalism”
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“We could not have had a more helpful and courteous experience. I would definitely recommend to others”
“An outstanding and friendly service as always, thank you”
“Excellent. Friendly staff and very professional. Thank you”
Contact us
Lee Mill Industrial Estate
Ivybridge, Devon
PL21 9GD
United Kingdom
