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jenny lucas Online
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- Posts: 9648
- Joined: Mon Oct 07, 2013 5:39 pm
Mon Feb 03, 2014 11:19 pm
I'll go and check my records, but a few years ago, after my husband died, I seem to think the solicitor doing his probate charged me a few hundred pounds - I'm pretty sure it was under the £500 mark??
That might have been because it was pretty simple - I was the sole 'heir' and it was just a question of having the house valued, and totting up savings and the value of any other assets (eg, car). I suppose if financial matters were more complex, then the solicitor might charge more? I can ask a friend who is a lawyer to see what they say as to costs roughly.
If it's any consolation, I'm pretty sure that the legal costs of probate are deductible from the estate - ie, say it's £500 to the lawyer, then you deduct that £500 from the value of the estate, which means, effectively, you don't get charged inheritance tax on it (if the estate is big enough to warrant damn tax!)