Join for free
Reply
Page 1 of 8 1 2 3 > Last »
Rehab44's Avatar
Rehab44
Chatterbox
Rehab44 is offline
Midlands
Joined: Jul 2016
Posts: 5,429
Rehab44 is male  Rehab44 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 05:53 PM
1

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.
Reply With Quote
Eliza's Avatar
Eliza
Chatterbox
Eliza is offline
England
Joined: Oct 2013
Posts: 5,047
Eliza is female  Eliza has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 05:56 PM
2

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 .
Reply With Quote
swimfeeders
Chatterbox
swimfeeders is offline
Shropshire
Joined: Oct 2014
Posts: 11,308
swimfeeders is male  swimfeeders has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:00 PM
3

Re: Probate

Hi

Solicitors can be very expensive, but very simple.

Have you asked your daughter what she would prefer?
Reply With Quote
Julie1962
Chatterbox
Julie1962 is offline
Surrey
Joined: Feb 2013
Posts: 35,008
Julie1962 is female  Julie1962 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:07 PM
4

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.
Reply With Quote
Rehab44's Avatar
Rehab44
Chatterbox
Rehab44 is offline
Midlands
Joined: Jul 2016
Posts: 5,429
Rehab44 is male  Rehab44 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:24 PM
5

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?
Reply With Quote
Julie1962
Chatterbox
Julie1962 is offline
Surrey
Joined: Feb 2013
Posts: 35,008
Julie1962 is female  Julie1962 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:26 PM
6

Re: Probate

Originally Posted by Rehab44 View Post
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.
Reply With Quote
Rehab44's Avatar
Rehab44
Chatterbox
Rehab44 is offline
Midlands
Joined: Jul 2016
Posts: 5,429
Rehab44 is male  Rehab44 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:29 PM
7

Re: Probate

Originally Posted by Julie1962 View Post
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?
Reply With Quote
Eliza's Avatar
Eliza
Chatterbox
Eliza is offline
England
Joined: Oct 2013
Posts: 5,047
Eliza is female  Eliza has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 06:51 PM
8

Re: Probate

Originally Posted by Rehab44 View Post
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 .......
Reply With Quote
Rehab44's Avatar
Rehab44
Chatterbox
Rehab44 is offline
Midlands
Joined: Jul 2016
Posts: 5,429
Rehab44 is male  Rehab44 has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 07:03 PM
9

Re: Probate

Eliza, you are a star! Thanks, it gives me a rough idea of what I should be looking for.
Reply With Quote
Eliza's Avatar
Eliza
Chatterbox
Eliza is offline
England
Joined: Oct 2013
Posts: 5,047
Eliza is female  Eliza has posted at least 25 times and has been a member for 3 months or more 
 
22-01-2017, 07:30 PM
10

Re: Probate

Originally Posted by Rehab44 View Post
Eliza, you are a star! Thanks, it gives me a rough idea of what I should be looking for.
your welcome
Reply With Quote
Reply
Page 1 of 8 1 2 3 > Last »

Thread Tools


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.