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Rehab44
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22-01-2017, 05:53 PM
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Probate

I realise that this is a difficult question because each persons financial circumstances are different.
I have property, shares etc and nearly everything is in joint names, and a will, If I or my good lady kick the back last my daughter will get everything. My question being about probate, dump it all in the hands of a solicitor or leave her to sort it out herself?
Any ideas, tips or advice would be appreciated.
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Eliza
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22-01-2017, 05:56 PM
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Re: Probate

We had a Solicitor to do Probate , we were not upto doing with it all ,after the death of a parent the least to worry about the better .
And we didnt want to get it wrong and go through it all again at a later date .
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22-01-2017, 06:00 PM
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Re: Probate

Hi

Solicitors can be very expensive, but very simple.

Have you asked your daughter what she would prefer?
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22-01-2017, 06:07 PM
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Re: Probate

We've done both if I had a choice I'd get a solicitor, it's amazing how easily it can go wrong even with a solicitor but you have come back if they make a mistake.
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22-01-2017, 06:24 PM
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Re: Probate

Thanks for the responses folk, I have done some research and there have been some horrendous stories about solicitors charges, I.e £50 for sending a letter, a percentage of the estate and hourly rates for work carried out, thoughts?
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22-01-2017, 06:26 PM
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Re: Probate

Originally Posted by Rehab44 ->
Thanks for the responses folk, I have done some research and there have been some horrendous stories about solicitors charges, I.e £50 for sending a letter, a percentage of the estate and hourly rates for work carried out, thoughts?
Ours did it on a fixed fee arrangement, it was just a case of negotiating the fee prior to them taking it on.
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22-01-2017, 06:29 PM
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Re: Probate

Originally Posted by Julie1962 ->
Ours did it on a fixed fee arrangement, it was just a case of negotiating the fee prior to them taking it on.
Thanks Julie I will look into that, I think our financial affairs are relatively simple, any idea what ball park figure I might be looking at to do the job?
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22-01-2017, 06:51 PM
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Re: Probate

Originally Posted by Rehab44 ->
Thanks for the responses folk, I have done some research and there have been some horrendous stories about solicitors charges, I.e £50 for sending a letter, a percentage of the estate and hourly rates for work carried out, thoughts?
Probate was done for us in 2013 and i have the paper work to hand , so here are the charges we paid then ,

Their charges for obtaining the Grant of Probate £550+Vat

We are told in writing it will be paid also on a time -spent basis on all additional work.

Also a fee of £45 payable to the Probate Registry along with £1 for each official copy .......
plus we had to pay a Swear Fee of £7 to an independent Solicitor .That had to be paid Cash to the Solicitor at the time of the signing .......
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22-01-2017, 07:03 PM
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Re: Probate

Eliza, you are a star! Thanks, it gives me a rough idea of what I should be looking for.
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22-01-2017, 07:30 PM
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Re: Probate

Originally Posted by Rehab44 ->
Eliza, you are a star! Thanks, it gives me a rough idea of what I should be looking for.
your welcome
 
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