How Much Does Probate Cost?

Note: The following article is part of our Complimentary Articles Series, designed to provide additional insights and detailed information on specific topics within estate planning.

In conjunction with the following article, we recommend you review the following pillar articles to understand Probate comprehensively.

• What is Probate, and How Does it Work?
• When Is Probate Required?
• How Can I Apply for Probate?
• Why Has My Probate Been Delayed?

BUDGETING FOR THE PROBATE PROCESS

We understand that advance budgeting is essential when preparing for the Probate process. However, unfortunately, it is difficult to calculate a precise amount, and there is no one-size-fits-all price for Probate due to the sheer diversity in estate planning.

The actual cost of Probate can vary widely since each Estate has its own unique characteristics, depending on its size, complexity, and value.

Here's what you should take into account when budgeting for the Probate process:

• Probate Court Fees: The standard Probate court fee is £155. This covers the administrative costs of processing the Probate application. There is an additional charge of £1.50 for each copy of the Probate you require, which is necessary for dealing with the deceased's assets.

• Additional Costs: In addition to court fees, you should expect solicitors' fees, which vary widely. Again, these fees will reflect the professional advice required to address the varying degrees of complexity within the Estate.

MANAGING YOUR ESTATE PLANNING COSTS WITH SQUIGGLE

If you decide to work with Squiggle for your estate planning needs, we are committed to price transparency as part of our Code of Practice.

We will always strive to provide a swift, cost-effective approach to Probate, ensuring all costs, advice, and support are communicated promptly and executed swiftly.

Need to know more?

Book a callback, and we'd be happy to arrange a no-cost, no-obligation discussion with you to lay out the options available.

Alternatively, call us on 01233 659 796.

Or reach out to us here.