The relevant steps will include:
If you are considering full estate administration, you may want to know how long it takes to settle an estate.
There isn’t one answer to this question, unfortunately. It depends on the size and complexity of the estate, but it is generally between six and 18 months.
Simple estates made up of a single property and cash can be settled fairly quickly, while complex estates, perhaps with several properties, overseas assets and more, can take much longer.
We understand that many circumstances are different and we often need to provide much more help, advice and support. We are able to offer a range of tailored services at different costs based on individual needs, the support they need and the complexity of the estate. No one is the same and therefore we pride ourselves on tailoring our support for each and every client. We also understand that people like to understand what things are going to cost and therefore we will give you a clear estimate before we do anything for you.
If we are administering the estate from start to finish we will be charging fees on an audited basis. This would mean that the file would be assessed once the work has been completed by an independent auditor (otherwise known as a law accountant) who will determine what is a fair and reasonable fee to charge based on factors including the number of assets, value and complexity of the estate and number of beneficiaries that have been engaged with.
This provides the executor with full transparency that a fee has been charged to only reflect the work undertaken based on the individual circumstances of the file.
The estate planning team at Jones whyte offer a wide range of services. These include:
Jones Whyte’s friendly and experienced Bereavement team are here to support you and to ensure your loved one’s wishes are respected.
If you need help applying for confirmation, call our Probate Solicitors please fill in the contact form or call us on 0330 174 1234