leg Solicitors | Isle of Wight | Wills & Probate

Wills & Probate

When someone dies it is never easy to cope. Even though you may not feel up to dealing with their affairs, it is something that has to be done. At Walter Gray and Co we have an experienced team to help lift that burden, providing you with support at a difficult time.


We can also help with other matters relating to later life and Elder Client affairs.


Our services include:

Probate

We can help with obtaining the grant of Probate (or Letters of Administration in the event that there is no Will), gathering in the assets of the estate and administering them according to the Will or Intestacy. We can also act as Executors if you want us to and in cases where a trust may arise under the provisions of a Will or Intestacy we can help with the set up and ongoing maintenance of the trust.


Wills

Wills are generally provided on a fixed fee basis, however we often run charitable will promotions throughout the year which benefit various charities. We usually recommend that clients review their wills approximately every five years or if there is a major alteration to their family or financial circumstances.

Download our Will Questionnaire to help you think about the provisions you would like to make in your Will and to give you some idea of the kind of information we will require when drafting your Will

For more information or a quote please contact us

Wills & Probate Cowes

Wills & Probate Ryde

BASIS OF COSTS - WILLS & PROBATE

Law firms are currently now required to provide the following information on the basis of the costs involved in a typical private client transaction. Notwithstanding this, it is strongly recommended that you telephone to speak to a member of the firm’s Wills & Probate team to obtain a more detailed quote based upon your individual circumstances


The collection and distribution of money, property and other assets belonging to a person following their death, where these are within the UK and the matters are not contested;

  • We charge £3,000.00 to £4,000.00 plus VAT on average for this work
  • This estimate is just an average price based on recent instructions; the actual cost to you will depend on a number of factors which we will discuss with you if you decide to instruct us
  • The charge is based on our average hourly charging-rate of £203.00 per hour, which will vary depending upon the seniority / experience of the person acting in the matter
  • Our charge could incorporate a ‘Value Element’. Such fees start at 0.50% plus VAT of the estate value
  • There will be costs on top. These are fees and charges we will need to pay on your behalf as part of the process, such as Probate Registry fees, oath swearing fees, advertisements etc. They are likely to be approximately £327.00 including VAT, where relevant

Our people involved in doing the work will include:

Rosemary Hardwicke, Director / Solicitor, based at the firm’s Ryde Office

Amanda Pardey Senior Legal Assistant, based at the firm’s Ryde Office

Margaret Elcome, Paralegal, based across the firm’s Ryde and Cowes Office

Natalie Ashcroft, Legal Secretary (assistant to Rosemary Hardwicke), based at the firm’s Ryde Office

Sally Baldwin, Legal Secretary (assistant to Amanda Pardey), based at the firm’s Ryde Office

Angela Larcombe, Legal Secretary (assistant to Margaret Elcome), based at the firm’s Cowes Office


  • Our costs are based on the assumption that the estate is relatively simple, all based in the UK and that there are few, if any, assets that would complicate the process or lengthen our time estimates.
  • We understand the stress and emotion surrounding a recent bereavement. The work we will carry out will involve

    · Ascertain the legally appointed executors or administrators and beneficiaries.

    · Ascertaining the assets comprised in the estate (approximately 3-4 weeks thereafter)

    · Ascertaining and paying any interitance tax on the estate (approximately 2-3 weeks thereafter)

    · Applying for a Grant of Probate or letters of administration, including HMRC forms (approximately 2-3 weeks)

    · Collecting assets comprised in the estate (approximately 2-3 weeks thereafter)

    · Deciding upon and executing distributions of the estate in accordance with the will or intestacy rules (approximately one month thereafter)

  • Obviously, our fees do not include any external costs and charges that we may incur as part of the administration (eg. tax, penalties, repayable benefits, fees and charges). You will also be responsible for these items on behalf of the estate.

Complaints information

If you wish to complain about our service, please contact us immediately by telephone and speak to the Practice Manager or by emailing ryde@waltergray.co.uk.

We have a complaints handling procedure, which you can read here.

You can always send your complaints to the Legal Ombudsman. They can be contacted at www.legalombudsman.org.uk. Please read the conditions carefully.

If you are not satisfied with the outcome of these processes, you can take up the matter with the Solicitors Regulation Authority. They can be contacted at sra@complaints.org.uk.

For more information or a no obligation quotation please contact us