Private client law deals with the issues surrounding death and mental incapacity. This includes both planning for and dealing with the aftermath of these often tragic and traumatic life events.
Death and mental incapacity can be ruinous for a business and its employees, let alone the family members and others expecting to inherit from an estate. For those who own an NHS dental practice, unless you undertake detailed planning, you may lose your NHS Contract upon death. At this point, the Local Area Team may put your Contract out to tender leaving your beneficiaries unable to realise its goodwill value.
As specialist lawyers to the dental profession, we are best placed to advice you in relation to you and your business. With our assistance, you can make comprehensive plans to ensure peace of mind for you and your family, and your business and its employees.
Our full range of private client services includes:
- Wills and codicils
- Nominal partnerships for NHS Dental Contracts
- Business death and mental incapacity planning
- Lasting powers of attorney, including LPAs for business owners
- Trusts including life interest and discretionary trusts
- Advising on Inheritance Tax, including its exemptions, reliefs and nil-rate bands
- Planning for minor children (including guardianship), disabled and vulnerable beneficiaries
- Acting as professional executors, trustees, attorneys and Deputies
- Estate administration, including advising on intestacy
- Making Court of Protection applications and offering advice on Deputyship
- Asset protection and advice on care fees
- Advising on health and care decisions and advance decisions (living wills)
For a no-obligations discussion please provide your details below and we’ll be in touch.
For more details on our fees for wills, probate and trust services – click here
Fees in Probate
At FTA Law we offer legal advice to those administering the estates of deceased persons both where the deceased had a valid will, known as probate, or where they died without a will, known as administration.
In most cases, those dealing with an estate (known either as executors where there is a will, or administrators in other circumstances) will need to obtain an order of court which gives the them the legal authority to carry out the majority of their functions. This order is referred to as either a Grant of Probate or a Grant of Letters of Administration.
Work in this area is undertaken by consultant solicitor Christopher Walton, who is supervised by the firm’s managing director and solicitor Thomas Coates. Christopher was admitted to the roll of solicitors in August 2010. He holds a first-class degree in history from the University of Leeds and obtained a distinction on the Legal Practice Course at BPP Law School, Leeds. He is a full accredited member of Solicitors for the Elderly and advises upon trusts, wills and estates law. He has extensive experience of dealing with a wide variety of estates including those with agricultural and business property, international elements and difficult family situations.
Our basic package assists clients with straightforward circumstances to get them to the stage where they have either Grant. This then allows them deal with the assets of the estate themselves. The basic package assumes the following:
- that no Inheritance Tax is payable and that only the short-form Return of Estate Information form is required; and
- that clients are able to provide most valuations and relevant paperwork.
Our fees: £600 + VAT
Court fee: £155 + £1.50p for each additional copy of the Grant.
Possible other fees may include:
- HM Land Registry Office Copies at £3 per item
- Complicated Oaths may require “settling” by a probate consultant whose charges start at £12 and are quoted on an individual basis.
Some people choose to advertise for creditors to come forwards when dealing with an estate. This is done by placing adverts in the London Gazette and a local newspaper. Charges for placing such adverts vary and a quotation will be obtained from a specialist advertising agency if the service is required.
Likewise, some clients wish to search for superseding wills, or perform other searches, for example to find missing beneficiaries. Such searches can be obtained through a number of specialist providers and quotes can be obtained by us on your behalf.
Partial or full administration
We can partially or fully administer the estate of a deceased person. Our prices reflect the collaborative approach we take with our clients. Wherever possible, we work to clear, fixed fees as it is our experience that clients want and expect this approach.
As specialists in the dental and healthcare sectors we are ideally placed to deal with the sale of complicated property assets and businesses, as well as dealing with any employment issues that go with the disposal of a business following the death of the owner. However, the prices below reflect only the costs associated with the pure probate or administration parts of the job – quotations for work outside pure estate administration will be provided for by other departments.
Our fees for the partial or full administration of an estate are based on our consultant solicitor’s hourly rate of £180 + VAT, per hour. Each case will vary on its own facts and will be quoted for on a individual basis. However, a minimum of 10 hours (£1,800 + VAT and additional fees) work would be required for a partial administration to deal with the paperwork aspects of a simple deceased person’s estate as follows:
- liaising with the clients (executors or administrators);
- dealing with financial institutions and relevant professionals to obtain asset values;
- completion of the papers to lead to a Grant application where no Inheritance Tax is payable;
- gathering in the assets of the estate;
- distributing the assets of the estate and liaising with beneficiaries;
- completing an estate account.
Often, partial or full administrations would require the advice of third parties who would raise their own charges which would ordinarily be payable by the estate. These may include:
- other solicitors and departments within FTA Law (as above); and
- chartered surveyors, accountants, stockbrokers and other professionals from outside FTA Law.
Each department or fellow professional will have their own charges and these will be obtained in advance and estimates will be presented to clients for approval.
The additional fees which may be incurred could include:
- HM Land Registry Office Copies at £3 per item
- Complicated Oaths may require “settling” by the Court at £12, or by a probate consultant whose charges start at £12.
- Bankruptcy searches on beneficiaries at £3 per beneficiary
- Advertising for creditors in the London Gazette and a local newspaper.
- Search for superseding wills, tracing missing beneficiaries etc.
Before the commencement of any job, clients will be asked to agree to a fixed estimate of FTA Law’s fees. FTA Law can only exceed this estimate with the written agreement of the client.
- Dispute Resolution Service
- Health & Safety Services
- FTA Law Wills, Probate and Trusts services
- Commercial Agreements
- Employment Tribunal Claims
- Employment & HR Services
- Wills, Probate & Estate Planning
- Partnership Disputes
- Debt Recovery
The team at FTA Law provides advice to clients across the commercial and healthcare sectors with many of our instructions coming from referrals from long standing clients and industry contacts.Contact us
We understand that price is a big concern for our clients and we always aim to offer a fixed fee for our services.