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Wills, Trusts and Probate
Roz Wyeth and the team offer a full range of Private Client work locally in Chatham and the surrounding areas. Although this is a very technical area of the law, we pride ourselves on speaking plainly and are passionate that clients understand exactly what they are signing and the implications of their wishes. The last thing we want is for you to sign a document without really understanding what it means.
We are empathetic and sensitive when guiding clients through what can be an extremely emotional time, for example when a loved one dies, and we take the time to listen and understand what is needed.
Making a Will is one of the most important actions you can take to provide for those you leave behind, and a professionally drafted Will removes ambiguity that can otherwise lead to misunderstanding and family fall outs after your death.
A subject that matters to the vast majority of clients is protecting assets from nursing home fees, and we are specialists in drafting Wills that ensure, where possible, your estate is not dramatically reduced should nursing home care be needed in future.
We also draft Lasting Powers of Attorney, which are essential so that someone you trust can look after your affairs if you become mentally incapacitated. If a family member has lost capacity and has no Lasting Powers in place, we can also help with applications to the Court of Protection to appoint a Deputy to deal with that person's affairs.
Death comes to us all eventually, and in those circumstances we handle the administration of estates in a timely and efficient manner. If executors prefer to deal with the estate administration themselves, we also offer a 'Grant only' service, where we submit inheritance tax returns and apply to the court for the Grant of Probate before handing the remainder of the administration over to the appointed executors.
Much of this work is fixed fee, and the costs are set out below.
Administration of Estate work is charged on a time spent basis at an hourly charging rate of £320.00 per hour plus VAT. We will be able to provide an estimate once we are made aware of the assets involved.
* There is a court fee of £92 per document payable directly to the Court in respect of the registration fee.
** Probate Court Fees are currently £300 plus £16 per copy Grant.
TYPES OF WORK | FEE | VAT | TOTAL COST |
|---|---|---|---|
SINGLE SIMPLE WILL | £325 | £65 | £390 |
PAIR OF SIMPLE (MIRROR IMAGE) WILLS | £450 | £90 | £540 |
ASSET PROTECTION TRUST WILL - SINGLE | £525 | £150 | £630 |
ASSET PROTECTION TRUST WILL - PAIR | £725 | £145 | £870 |
NOTICE OF SEVERANCE | £50 | £10 | £60 |
LASTING POWERS -ONE TYPE, ONE PERSON* | £400 | £80 | £480 |
LASTING POWERS -ONE TYPE, TWO PERSONS* | £600 | £120 | £720 |
LASTING POWERS - TWO TYPES, TWO PERSONS* | £1000 | £200 | £1200 |
DECLARATIONS OF TRUST | £500 | £100 | £600 |
INTER VIVOS TRUSTS (MADE DURING ONE'S LIFETIME) | £1500 | £300 | £1800 |
PROBATE GRANT ONLY (SIMPLE ESTATE)** | £1500 | £300 | £1800 |
PROBATE GRANT ONLY (COMPLEX ESTATE, FULL INHERITANCE TAX RETURN)** | £2000 | £400 | £2400 |