How Much Does A Probate Application Cost If I Do It Myself?

Introduction

Probate is the legal process of administering a deceased person’s estate. It involves the validation of a will and the distribution of the deceased’s assets to their beneficiaries. In the United Kingdom, anyone can apply for probate, but there are certain rules and requirements that must be met. This article will focus on the cost of a probate application if you decide to do it yourself.

Probate Fees

The cost of a probate application in the UK is £273. The current fee structure is as follows:

• If the value of the estate is over £5,000, the application fee is £273.
• There’s no fee if the estate is £5,000 or less.

It’s worth noting that these fees are subject to change and it is important to check the government’s website for any updates.

Additional Fees

In addition to the probate fees, there may be other costs associated with applying for probate. These include:

• The cost of obtaining a death certificate
• The cost of advertising for creditors in a newspaper, if required
• The cost of hiring a solicitor, if you decide to use one
• The cost of any taxes or inheritance taxes that may be due on the estate

Save money by doing it yourself If you decide to apply for probate yourself, you can save money on solicitor’s fees. However, it’s important to note that probate can be a complex process, and if you are unsure about any aspect of it, it may be a good idea to seek professional advice.

Additionally, if the estate is complicated, for example if it includes overseas assets, businesses or trusts, it might be more advisable to hire a solicitor to help you with the process.

Conclusion

The cost of a probate application in the UK is £273. The current fee structure is as follows:

• If the value of the estate is over £5,000, the application fee is £273.
• There’s no fee if the estate is £5,000 or less.

You can save money by applying for probate yourself, but you should be aware that probate can be a complex process, and if you are unsure about any aspect of it, it may be a good idea to seek professional advice. Additionally, if the estate is complicated, for example if it includes overseas assets, businesses or trusts, it might be more advisable to hire a solicitor to help you with the process.