PROBATE

Our Service:

Dawn Clarkson is pleased to offer a professional and competitively priced probate service, trading as Wills and Estate Planning Ltd.

Dawn is one of the first accountants in the North of England to be accredited and licensed by the Institute of Chartered Accountants in England and Wales to provide this service. Previously it has been a service reserved for solicitors and the legal departments of the major banks.

We are an affiliate member of STEP (Society of Trust and Estate Practitioners), a worldwide professional organisation. Our service offers you the peace of mind that your interests are being protected by a trusted organisation.

 

What does the probate service provide?

The level of service and support that you require from Wills and Estate Planning Ltd can be agreed at the outset. This is flexible and you can choose to pass the entire process to us or we can assist in those areas where you need most help.

The full service includes:

  • Compiling details of the deceased’s assets and liabilities

  • Obtaining professional valuations

  • Completing the inheritance tax (IHT) accounts and forms

  • Claiming appropriate IHT reliefs and exemptions and calculating the IHT payable

  • Applying for and obtaining the grant of representation

  • Gathering in or selling the assets of the estate

  • Settling the debts of the deceased and arranging for the payment of inheritance tax

  • Reviewing the potential tax savings through a variation of the Will within 2 years

  • Dealing with income and capital gains tax liabilities of the estate

  • Paying legacies and distributing assets to the beneficiaries

  • Preparing final estate accounts

How much does our full probate service cost?

We think that it is much fairer to charge based on the time spent taking into account the complexity involved rather than simply charging a fixed percentage of the estate value which tends to penalise those estates of high value but relative simplicity.

No two estates are alike and the value and complexity of the estate needs to be assessed before a fee estimate can be provided. If foreign assets are involved then the time and costs will be higher.

We understand that for your own peace of mind, you need to know in advance, what the maximum fee might be. Consequently, we will agree a cap on our fee, although in most cases, the actual fee will be less than the cap, based on the actual time spent.

In setting a cap on our fee we also have to fix a minimum fee for those estates of low value which can still involve considerable work. The minimum fee is £1000.

Our fees do not include any third party costs that arise such as professional valuations for probate purposes or legal fees associated with the transfer of property.

 

Contact Us

Wills and Estate Planning Ltd,
Thornborough Hall,
Leyburn,
North Yorkshire DL8 5AB

Tel: 01969 623092

Email: dawn@willsandestateplanning.co.uk

 

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What our Clients Say
The team take time to listen and understand what I need and present their recommendations in an easily understood way without complicated jargon.
Keith Garrard
About

Wills and Estate Planning ltd is licensed by the Institute of Chartered Accountants in England and Wales to carry out the reserved legal activity of non-contentious probate in England and Wales.

Details of our probate accreditation can be viewed at icaew.com/probate under reference number C004760414