Pricing

By way of illustration, we have set out a few examples of how our pricing structure works in practice.

Wills

  1. Straight forward Will i.e. absolute to spouse and to children – starting from £1,500 plus VAT.
  2. A Will incorporating some form of trusts varying from a life interest trust and discretionary trust – starting from £2,000 plus VAT.
  3. More complex Will including life interest trusts and discretionary trusts and perhaps also trusts of business property and agricultural property – starting from £2,500 plus VAT.

Lasting Powers of Attorney for both property and financial affairs and health and welfare affairs

  1. Straight forward LPAs i.e. appointing spouse and children - starting from £1,500 plus VAT for two LPAs.
  2. More complicated LPAs appointing multiple people (who are not necessarily family members) or an attorney being appointed who is living abroad – starting from £2,000 plus VAT for two LPAs.

The cost is likely to be at the lowest end of our estimated fees where a couple puts four LPAs in place as the instructions and work can be streamlined.

Estate planning

We usually start this process by arranging an initial meeting to discuss the specific aims and wishes of the client and this is charged on a time spent basis. By way of example, Harriet and Greg’s charge out rates are £400 per hour plus VAT and Victoria Fairley’s charge out rate is £570 per hour plus VAT.

We then fee estimate specific estate planning work based on the scope of work. Usually for a piece of advice covering IHT and estate planning our fees would normally start in the region of £1,750-£2,000 plus VAT. If more complex planning is needed, can fee estimate according to the individual circumstances.

Trust planning

  1. We discuss trust planning as part of the estate planning process and so our fees would follow in line with the above.
  2. Our fees to put in place a discretionary trust, for example, to draft and prepare a discretionary trust deed would be in the region of £2,000-£2,500 plus VAT.
  3. For trusts such as disabled persons trusts, we would normally fee quote on a bespoke basis.

Our experience

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