Will & LPA Costs
Making a Will and/or Lasting Powers of Attorney
Most of us have some wealth to leave behind. Most of us know who we want to leave it to. If you die without making a Will (‘intestate’) then your estate passes to your next of kin, who can decide how to dispose of it – or keep it. However, if you don’t want to leave it to chance and want to leave specific bequests, e.g., jewellery to a favourite niece, a watch to your Godson, £100 to the local cats-home, a piece of silver to the next-doorneighbour who looked after you – then it’s essential to have it written down. Whatever you write down in making a Will, has to be executed in law. You might also need to consider giving someone you trust a Lasting Power of Attorney (see below). in case you become unable to make decisions for yourself.
Any lawyer will advise you to make a Will so as to leave your affairs in order ‘for the avoidance of doubt’. At Mancini Legal we’re no exception and our friendly team will make sure your wishes are noted correctly. We are also happy to act as executors, and make sure your legacies end up where you want them to.
If you have a significant estate – property, a share portfolio, items of individual value – it is also worth talking to our Trust team to see how you can best protect your wealth from inheritance tax (IHT) or people that you do not wish to benefit from your wealth after your death. If you become unable to look after your money, or your health, whilst you are alive, it is also important to give someone you trust a Lasting Power of Attorney to protect your interests.
Wills and Trusts
Our Wills are prepared on a fixed fee basis with an initial amount for the basic Will and added fees for more complex clauses. At our first meeting with you, we will go over your requirements and give you a comprehensive quote on the cost of your Will.
|Basic Codicil||From £125 + VAT (subject to client|
|Single Basic Wills||From £250 + VAT (subject to client|
|Mirror or Joint Basic Wills||From £385 + VAT (subject to client|
|Additional Clauses||From £75 + VAT (subject to client|
|Trusts||From £400 + VAT (subject to client|
|Admin – Registration or Certainty||£30 + VAT (per Will)|
|Retrieval Fee||£37 + VAT|
|Store Will||£30 + VAT|
|Multi-Trust Storage||£75 + VAT|
|Home Visits (within 5 miles of one of our offices)||Amount|
|Horsham Fee||£75 + VAT|
|Haywards Heath||£75 + VAT|
Other areas on request:
|First 30 minutes||free|
|Over 30 minutes||from £50 +|
In addition, the following disbursements are required at the outset:
|Administration/file set-up fees||£50 + VAT|
|Costs for ID checks (per person) (Will only)||£10 + VAT|
|AML (Anti Money Laundering) Checks (per person)||£10 + VAT|
Lasting Power of Attorney (LPA)
As we get older, we are not always able to look after ourselves and make judgements required to look after our wealth and our health. Today it is increasingly common to give a loved one, or someone else you trust, what is called a Lasting Power of Attorney. That means they can make decisions for you if you are considered ‘unfit’ or ‘lacking capacity’ to make those decisions yourself. There are two types, ‘Property and Financial’ and ‘Medical and Welfare’. You can select the same person for both.
We charge separately for either type, but offer a discount if you do both at the same time
|Type of LPA||Cost for Single||Cost for double||Cost for Mirror|
|Lasting Power of Attorney for Financial||From £400+ VAT||From £700+ VAT||From £1200+ VAT|
|Lasting Power of Attorney for Health & Welfare||From £395+ VAT||From £700+ VAT||From £1200+ VAT|
In addition, the following disbursements will be required:
|Administration/file set-up fees||£50.00 +VAT|
|Costs for ID checks (per person)||£10.00 +VAT|
|Application Fee to the Court of Protection|
£82 per LPA
In addition to the fees quoted above, a number of disbursements may or may not be payable. Disbursements are payments made to third parties on your behalf and these are a standard part of the process. These statutory fees are not set by Mancini Legal and will be the same no matter which solicitor you choose. Below is a list of some common disbursements and their usual cost
|Company Due Diligence Check||£25.00 +VAT|
Key Stages and Timescales
|Key Stage||Timescale (in weeks)|
|Basic Wills||2-6 Weeks|
|LPA’s Note the Public Guardianship Office can take 6-8 weeks for registrations.||2-4 weeks|
Please also note that the time scale depends on the time spent by you to review the documents, any changes required on them and, if you are making LPAs, on how long the certificate provider and each of your appointed attorneys (when more than one) take to complete the form.
Common scenarios and costs
Simple Mirror Wills
With no great value to their estate, Mr and Mrs Higgs want to make what are known as ‘mirror’ wills, each initially leaving everything to the other. Whichever one outlives the other will then take on responsibility for making a subsequent will and passing their wealth on to family members or others. Doing this does not preclude asking each other to make personal small bequests on their behalf after they have passed. This is a very simple and cost-effective way of ensuring the future. They agree between themselves that at some future stage they may also create LPAs if there is a risk that they might get to a stage when they lack the capacity to make their own decisions. Mancini Legal can create these mirror wills at the lowest cost.
A sensible Lasting Power or Attorney
Mr A’s mother is in her eighties and, whilst she very much has all her faculties, she is housebound. Her eyesight is also failing and her health in general is deteriorating. Her son manages her care, and carers come in every day. She and her son discuss her finances, but she worries that the day will come when she is not as sharp or well as she used to be and somebody else will need to make the decisions for her. Shrewdly she asks her son to organise Lasting Powers of Attorney through Mancini Legal for both her finances and her health, as doing both together will save money. It will also let him make quick decisions when they need to be made.
Leaving a range of bequests and legacies
Mrs Holden has survived two husbands who, sadly, both pre-deceased her. She had children with both and has benefited from legacies and growth in value of property and other assets. Getting older she wants to be scrupulously fair and transparent with the children (and now grandchildren) and wants to organise her affairs to get them in order ‘just in case anything should happen’. She needs advice on how best to make a will that is fair to all parties – this is actually quite straightforward and based on a standard ‘menu of costs’. As the size of her estate will almost certainly attract IHT, at the same time she wants to consider creating Trusts for her legatees. She is also considering making a law firm one of her executors in case there is a dispute. Finally, she decides it makes sense to create Lasting Powers of Attorney for a trusted younger friend outside of the slightly complicated family situation. This is very much bespoke advice, but Mrs Holden is happy it creates an organised and stressfree situation should her health deteriorate
Our Team of Will and LPA Professionals
Solicitor, LLB, DipIp
Qualified : 2009
Family Law & Private Client Manager
Nadine Moaddel is a family and private client solicitor with 6 + years of experience working in the law.
Nadine qualified as a solicitor in January 2018.
Family Law Pricing
According to statistics, around one third of all marriages currently end in divorce. If you find yourself in this situation, it is essential to have the right legal team in your corner.
If you need proactive and experienced advocates, we will take care of you.
At Mancini Legal, our Family and Divorce Solicitors have been offering divorce advice for the over ten years in Horsham, Haywards Heath, and surrounding areas.
We offer our first initial appointment free of charge, because we recognise the importance of choosing a Family and Divorce Solicitor you are comfortable with from the outset. Contact our Family and Divorce Solicitors in Horsham to find out more.
A free ‘screening consult’ (15 minutes) where generic advice is provided
£125 + VAT for a tailored consultation, 1 hour (‘Engage’ is required to gather information for the consultation, along with ID Checks, AML & Compliance)
Any secondary consultation will be charged at a fixed cost of £120 + VAT
Private Client Pricing
1. Uncontested probate services
Our overall fees for uncontested probate services (acting for the executors in administering the will of someone who has died) vary depending on how complex your matter is and what you would like us to do. This note provides a guide to how we calculate our charges for straightforward uncontested probate matters, together with an indication of how much the typical case is likely to cost. For an estimate tailored to your specific matter, please contact us on email@example.com. We will discuss your matter and needs with you and provide you with a bespoke cost estimate.
1.1 Our charges
Our charges consist of:
· Our professional fees for the legal work, usually charged at an hourly rate combined with Fixed Fee rates.
· Costs and expenses paid to others in order to progress your matter, such as the application fee for the grant of probate. We handle making these payments on your behalf during the course of your matter, either using money that you have given us in advance or invoicing them to you together with our fees. These payments are called disbursements.
· VAT is charged on our professional fees at the applicable rate, which is currently 20%. Many disbursements also carry VAT, and we will inform you of the VAT on each disbursement as we go along.
1.2 Calculating our fees
This note provides an outline of our likely charges for the probate work involved in administering a straightforward probate matter, where someone has died leaving a valid will which is not disputed, their beneficiaries can be easily identified and contacted, and their estate is not very large or complex.
Our fees will be agreed with you as a at the start of your case, contained within our Client Care Letter
Our standard hourly rates are:
· Alessandro Mancini (CEO / Solicitor) £375 + VAT
· Lisa De-La-Hunty (FCLIEX) £285 + VAT
· Jay Gasson (Trainee Paralegal) £185 + VAT
On average a typical straightforward probate matter typical costs are between £5,000 and £15,000 plus VAT at 20%.
How straight forward or complicated the case is, and what assets are involved, will have an impact on the final costs. For example:
· If someone has died leaving only one beneficiary in an undisputed will and no property, the costs would be toward the lower end of the typical price range because the estate will be simple to administer.
· If there are multiple beneficiaries, a property and multiple bank accounts, the costs will be toward the higher end of the typical price range, even if the will is not disputed.
We would still be delighted to work with you in more complicated matters but would need to give you a quotation for the work tailored to your individual circumstances. Please contact us firstname.lastname@example.org. We will discuss your matter and needs with you and provide you with a bespoke cost estimate.
1.3 Disbursements and other expenses
Disbursements are payments that are made to third parties on your behalf, for example the application fee for the grant of probate. They are separate payments for which the estate is liable in addition to our professional fees described above.
In a typical probate matter, the estate will need to pay the following disbursements:
· Probate application fee, which is currently £273 plus £1.50 for every extra office copy of the grant of probate which you require.
· Land registry bankruptcy search fees of £2.90 (per beneficiary).
· Fee for a legal notice to be posted in The London Gazette, which can help to protect against unexpected claims from unknown creditors. This is usually c.£200.
1.4 Other costs to consider
The costs estimates above do not include:
· A member of our staff acting as an executor of the estate.
· Any additional costs of disposing of estate assets, such as the costs of selling a property. For information about our conveyancing charges, see https://mancinilegal.com/conveyancing-solicitors-in-horsham/residential-conveyancing/
1.5 Matter time frame
A typical straightforward probate matter such as those described above can normally be dealt with within nine months, as follows:
· Notifying asset holders and placing legal notices: 1 Month
· Assessing the estate and applying for the grant of probate: 2 – 3 Months
· Distributing the assets: 2 – 3 months
· Preparing and finalising the estate accounts: 1 Month
1.6 Legal work involved in the transaction
Although estates will vary depending on their circumstances, in a typical probate matter we will need to do the following work, which will be covered by the guideline costs outlined in this note:
· Identifying the executors and beneficiaries.
· Communicating with and advising the executors, and communicating with the beneficiaries and other parties, throughout.
· Checking the type of probate application you will require.
· Obtaining the relevant documents required to make the application.
· Completing the probate application and any forms required by HM Revenue & Customs.
· Drafting the legal oath which the executors will need to sign
· Making the application for the grant of probate.
· Obtaining the grant of probate and distributing copies as necessary.
· Collecting and distributing the assets of the estate.
· Settling any liabilities of the estate.
· Preparing the final estate accounts and obtaining approval from executors and beneficiaries.
It would not normally be necessary to undertake other work or incur costs other than those described above. However, we would be very happy to provide you with a more tailored quote for all stages of your particular case once we know about your specific circumstances.
1.7 Staff dealing with the matter
Your probate matter will be handled by a trusted member of our experienced probate team. We have a number of qualified lawyers in the team as well as experienced paralegals specialised in this area of law. Once we know who will be handling your case for you we will introduce you to them and provide you with full details of their background and qualifications. Full details of the experience and qualifications of our team, and the work they undertake or supervise, are available here https://mancinilegal.com/about-us/meet-the-team/
Regardless of who is working on your case the matter will be supervised by Alessandro Mancini, CEO / Director and Solicitor within the firm
Conveyancing Purchase Costs
Conveyancing is a major part of our business and every year we act for around 1,250 buyers and sellers in West Sussex alone – that’s 5 houses bought or sold every day of the week! We know our business and our clients particularly like the fact that we work on a fixed fee, which is broadly based on the value of their property.
For more expensive properties, or where there are more complex components of a purchase, the costs may increase. All fees are subject to VAT. Rest assured that when you contact us we will provide you with a bespoke quote tailored to your specific circumstances before we progress and will always be happy to talk you through the costs.
Standard Conveyancing Costs
|Freehold Purchase||Leasehold Purchase||Freehold Sale||Leasehold|
|Up to £99,999.99||726||906||726||906|
|£100,000.00 to £249,999.99||891||1071||891||1071|
|£250,000.00 to £300,000.99||1049.40||1229.4||1049.40||1229.4|
|£300,001.00 to £450,000.99||1181.40||1361.4||1181.40||1361.4|
|£450,001.00 to £700,000.99||1221.00||1401||1221.00||1401|
|£700,001.00 to £999,999.99||1313.40||1493.4||1313.40||1493.4|
There tends to be a lot of ‘red tape’ involved in buying a property – especially if mortgages, leases or companies are involved. All of these incur fees which are not set by Mancini Legal and will be the same no matter which solicitor you choose. We have to make the payments for these ‘disbursements’ on your behalf and then charge them back to you on your final bill. It’s a standard part of the conveyancing process.
When we give you your quote, we will be able to estimate what these costs will be, and we’ll keep you informed throughout the process.
Purchase Disbursements: Average Fee (range) per activity
Local search £140
Environmental search £60
Water and drainage search £54
Highways search £75
Commons search £20
Mining search (only in affected areas) £60
Bankruptcy search £4
Land Registry OS1 Priority search fee £3
Land Registry bankruptcy fee (£per name) £2
Land Registry fee £20 – £910 on a scale – find out where you would sit on this scale here.
Notice fees (leaseholds and freeholds with a management company) £50 – £400
Stamp duty land tax Entirely variable depending on the size of the property, calculate yours here Stamp Duty Land Tax Administration fee £90
Administration fee in connection with compliance check and AML and Archive £108
CHAPS fee £25
CHAPS Administration Fee 33.60
Mortgage fee £120
Help to Buy £180
e-conveyancing fee 12.60
Completion monitor 15.00
Lender monitor 11.40