Wills & Trusts Timescales & Fees

We provide an extensive will service ranging from the completion of simple, straightforward wills to individuals, mirror wills for a married couple through to more complex trust wills and tax planning wills.

Costs

We have a fixed fee for a simple will of £200.00 plus VAT

For a pair of wills for a couple £400.00 plus VAT

– such wills can be carried out by team members :

  • Richard Cussell (hourly charging rate £250.00 plus VAT)
  • Caroline Jones (hourly charging rate £200.00 plus VAT)
  • Sandra Moores (hourly charging rate £180.00 plus VAT)
  • Deborah Cable (hourly charging rate £180.00 plus VAT)
  • Lauren Smart (hourly charging rate £150.oo plus VAT)

In areas where more complex advice is required Richard Cussell will deal with the matter and he will charge according to the time he spends based on his hourly charging rate of £250.00 per hour.

It is actually unusual for wills to cost more than the £200.00 / £400.00 bracket because most wills are simple and straightforward.   In circumstances where further advice is required for inheritance tax planning we would always quote beforehand for the work to be done before costs are incurred at the hourly charging rate described.

How long will it take?

The time that a will takes to a large degree depends on the client. We would usually expect to respond to a client after a first meeting with a draft will within 3 – 5 working days but if there is a need to deal with matters more urgently (perhaps because someone is in hospital or about to go on holiday) then this can be done.   The time it takes for a will to be completed really depends on how quickly the client is in touch but we can meet individual expectations.

Trusts

We can assist with creation of trusts in wills and with the creation of lifetime trusts in order to mitigate tax and to afford family wealth protection.   This work would primarily be carried out by Richard Cussell and his hourly charging rate is £250.00 per hour.

 

Typically the advice surrounding and the drafting and completion of a lifetime trust will take 2 – 4 hours of time and therefore a budget of, say, £750.00 plus VAT.     A complex trust in a will might add an hour’s worth of time – therefore add £250.00 to the overall bill.

To speak to one of our experts please call us on 01749 836100 or Ask us a question

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