Griffith Smith Conway Solicitors Brighton & Hove

MAKING A WILL ENSURES THAT YOUR WISHES ARE MET

Regardless of how old you are, having a will is vitally important. Whether you’re planning on leaving your estate to loved ones or charity, you want to have a will that reflects your wishes. We’re able to give you professional assistance with the preparation of wills, trusts and inheritance tax planning. If you’re not able to come to our offices, we are able to come to you. Please get in touch with us for more information.

Griffith Smith Conway Solicitors Brighton & Hove

CRAFTING A WILL THAT MEETS YOUR SPECIFIC REQUIREMENTS

You want to have a will that makes sure that your wishes are correctly and clearly stated. We’ll take the time to understand your requirements when we’re drafting your will.

People lead complicated lives; marriage, divorce, children and other dependants can all change how you set out your will. The will we draft will take everything into account that you want. You’ll find it can be a great relief having a will where you know your wishes will be met.

Private Client Fees for Wills and documents below

All costs are subject to VAT at the appropriate rate

 

WILLS                                                            Single                        Mirror

 

Simple Will                                                   £250.00                     £375.00

Codicil                                                           £150.00                     £250.00

 

Living Will (an advance direction)         £175.00                     £250.00

 

Costs for Trusts in addition to

The above – life interest in

Possession trusts                                        £225.00                     £250.00

 

Advice on potential claims against the estate as part of will preparation if lengthy the hourly rate is £275. Plus VAT

 

POWERS of ATTORNEY

Lasting power of attorney                       £350.00                     £500.00

Including registration per

Lasting power

General Power of Attorney                     £150.00                     £150.00

The Court fee is £82. Per lasting power payable in addition to the above.

We provide free of charge 3 certified copies of the lasting power of attorney.  Any additional copies are charged for at £10 each

 

 

Change of Name Deed                             £100.00

 

Griffith Smith Conway is proud to participate in charitable initiatives during the course of the year.

These Include Wills for Will Aid, Cancer Research, Chestnut Tree Hospice, Oxfam, and World Life Fund and Amnesty international

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STRESS-FREE PROBATE & ESTATE ADMINISTRATION SERVICES

The business of probate and administration of an estate comes at a time where you may be feeling particularly emotional and vulnerable. We deal with these matters both professionally and sensitively. From grants of probate to letters of administration, we can be involved as much or as little as you require. We’re here to ensure that probate is carried out correctly. We are very willing to give estimates for the costs involved in estate administration and of the firm’s appointment as executors and trustees.

As explained it is always difficult to do more than estimate probate costs where we act for the estate as solicitors throughout the probate administration, and therefore these costs are a guide line only.

Every estate is so different and some estates contain numerous beneficiaries and others are more straightforward

Some contain a large number of assets and others far less.

We are very happy to offer a free consultation when we can give you more information concerning the work entailed and the costs involved.

Value of estate (gross) indicative fee range (all plus VAT):

Up to £300,000 £3,000 to 5,500
Up to £400,000 £5,500 to £7,500
Up to £500,000 £7,500 to £8,500
Up to £600,000 £8,500 to £9,500
Up to £700,000 £9,500 to £10,500
Up to £800,000 £10,500 to £11,500
Up to £900,000 £11,500 to £12,500
Up to £1,000,000 £12,500 to £13,500
Above £1,000,000 £13,500 to £14,500

Please note that a smaller estate can sometimes incur higher percentage of fees whereas a larger but simpler estates can incur less fees.

Please note that any estimate provided to you will be given based on information already known about your matter at the time and will be based on your instructions to us. It may be subject to

alteration and review as the matter progresses should your matter prove to be more complicated or time consuming than anticipated.

Where GSC acts in respect of the role of Executors then there is a 1.5% charge for this service charged on the gross value of the estate save for the residence, where if GSC is selling the residence there is no charge but if the residence is being retained the fee is .5% of the value of the residence

Where we act for part of the administration only the charge is £275 plus VAT per hour

We are very happy to discuss our fees with you. We also offer you a free interview at the outset to assist you with any queries you may have concerning the administration of the estate.

They are usually based on an hourly charge rate of £250 plus VAT per hour and a very small responsibility element being a percentage of the gross estate of 1% in respect of the value of the estate declared save for the residence where the percentage is .5% of the value of the property. Where Griffith Smith Conway act as Executors of an Estate then the responsibility percentage charge of the gross estate is 1.5% and .5% in respect of the deceased’s residence. Again we do not charge any percentage where we act on the sale of the residence.

We treat each probate on an individual basis, due to the different configuration of the estate’s assets and liability and the complexity of the terms of the Will.

We use specialist trust accountants to provide you with estate accounts and deal with the estate tax returns. The charges made are passed to the client without mark up.

WE ACT BOTH IN CONNECTION WITH WILLS MADE BY US

AND WHERE THE WILLS HAVE BEEN MADE ELSEWHERE.

FOR MORE INFORMATION CALL US ON:

01273 821 577

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THINKING OF SETTING UP A TRUST?

Setting up a trust can help you to minimise your inheritance tax liability. Inheritance tax, capital gains tax and income tax can be complicated; it can be in your interests to get professional assistance. If you’d like more information about how we can set up trusts and assist with more complex tax planning, we would be happy to arrange a consultation to discuss matters further.

Griffith Smith Conway Solicitors Brighton & Hove

CONTACT US

Griffith Smith Conway Solicitors are authorised and regulated by the Solicitors Regulation Authority (No. 63484) under the Solicitors Code of Conduct.