Tariff of Charges
Introduction
We want you to be fully aware of the charges that we will make within our Will Writing Service. The charges set out below reflect the work involved from the taking of instructions through to the storage of your Will. These charges may be revised from time to time. If you need further help in understanding any of them, please contact the Will Writing Helpline on: 0113 228 2425*.
Value for Money
We are committed to offering you value for money and explaining clearly what our service will cost. We have negotiated an excellent deal with Irwin Mitchell for the legal work required in the preparation of a Will. An administrative fee is payable by Skipton Trustees Limited (STL) for their services, details of which are set out below.
| | Cost (inc. VAT) | Payment by STL to Irwin Mitchell (inc. VAT) |
Single Will | £111.63 | £49.94 | | Suitable for single people, this Will allows you to ensure that the right people receive the things you want to leave them. |
Mirror Will | £176.25 | £74.91 | | Ideal for married couples or registered civil partners, who wish to leave all their assets to each other. |
Discretionary Will Trust and Mirror Will | £440.63 | £164.79 | | This type of Will allows you to place assets into trust. |
Lasting Power of Attorney- single person | £468.24 | £346.63 | | A Lasting Power of Attorney allows you to choose a person(s) to take over the administration of your affairs and continue to do so should you become ill or mentally incapable. |
Lasting Power of Attorney- husband and wife/partners | £579.28 | £440.63 | | This Lasting Power of Attorney allows you and your husband/wife or partner, to choose the person(s) you wish to take over the administration of your affairs and continue to do so should either of you become mentally incapable. |
General Power of Attorney- single person | £211.50 | £89.89 | | A General Power of Attorney allows you to choose an individual to deal with your affairs while you are mentally capable. |
General Power of Attorney- husband and wife/partners | £258.50 | £119.85 | | This General Power of Attorney allows you and your husband/wife or partner to choose the individual to deal with your affairs while you are mentally capable. |
Registering your Lasting Power of Attorney at the Office of the Public Guardian† | | - single person | £587.50 | £587.50 | | - husband and wife/partners | £705.00 | £705.00 |
Severance of Joint Tenancy | | England, Wales and Northern Ireland | £101.84 | £94.88 | | Scotland | £528.75 | £521.79 | | This is a tool usually used in connection with Discretionary Trust Wills and may require you to change the joint ownership of your property to owning half each. Your home will then no longer automatically pass to your spouse on death. |
Transfer of Registered Property | £194.76 | £194.76 | | | + current Land Registry fee | | This tool is used for Inheritance Tax planning, to change the ownership of your property from sole to joint names which then needs to be lodged with the Land Registry. |
Transfer of Unregistered Property | £224.72 | £224.72 | | | + current Land Registry fee | | This tool is used for Inheritance Tax planning to change the ownership of your property from sole to joint names, which then needs to be registered with the Land Registry. |
Home visit by Irwin Mitchell | £217.38 per hour | £217.38 per hour | | If you would like Irwin Mitchell to visit you at home to discuss your Will, an hourly fee is payable. |
Attendance at Irwin Mitchell offices | £217.38 per hour | £217.38 per hour | | If you would like to visit Irwin Mitchell at their offices to discuss your Will, an hourly fee is payable. |
Will/Power of Attorney storage | £0.00 | £0.00 | | For the safe storage of your Will and Power of Attorney, within Skipton Building Society\'s vault, free of charge. |
Will Retrieval Fee | £29.38 | £0.00 | | A retrieval fee is payable if your Will is to be amended by another solicitor. |
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†Please note the Office of the Public Guardian charge an additional £150 Court Registration Fee.
Estate Administration Charges
A minimum fee of £700 always applies - Exclusive of VAT.
Estate Administration includes identifying the deceased\'s estate, applying for the Grant of Probate and distributing the estate to the beneficiaries. The value of the estate for pricing purposes is determined as all assets, less any liabilities as at the date of death (excluding any mortgages).
The cost of administration is dependent upon the complexity of the estate and is always agreed with the Executor, and with the Executor\'s permission, the beneficiaries, before any administration work progresses. A minimum fee of £700 always applies. Details of our administration fees are available on request by phoning one of our professional advisers on 0113 228 2425*.
