Inheritance Fees Query
The individual is handling an inheritance matter involving a sum from England while residing in Ireland. They received a notice indicating a charge of approximately £17,500 plus VAT for 70 hours of chargeable work. Concerns arise about the clarity of these charges and a lack of communication regarding the specifics of their inheritance, especially since other beneficiaries have been informed of their portions. They are anxious about potential additional charges before they receive the will and a detailed breakdown of the costs. This situation emphasizes the need for clear communication and confirmation of fees related to the inheritance process.
Questions about this case
These answers have been verified by a lawyer in the LEAP networkWhy have others been informed of their inheritance while I have not?
In probate matters, the executor's responsibilities and the specific terms of the will dictate communication. Executors must adhere to legal obligations, including confidentiality. Details may not be disclosed to beneficiaries until after the grant of probate. Variations in communication can arise from differences in entitlements or complexities in the estate. If you feel communication is lacking, consider reaching out directly to the executor or the lawyer managing the estate.
Can legal fees be increased beyond the current £17,500 plus VAT?
Legal fees for probate can sometimes exceed initial estimates. This typically happens if unexpected complexities require additional work. Review the engagement letter from your solicitors to understand if fee increases are capped or need prior approval. Solicitors should keep you informed about significant cost changes.
What services are included in the 70 hours of chargeable work for my inheritance?
The 70 hours likely cover services such as reviewing the will, valuing assets, obtaining a grant of probate, addressing estate liabilities, distributing assets, and liaising with tax authorities regarding potential inheritance tax issues. Communication with beneficiaries, particularly where there may be disputes, can also consume time.
How long does the probate process take from receiving the will to finalising the inheritance?
The probate process can generally take between 6 to 12 months, influenced by the estate's complexity and whether any disputes arise. If the inheritance involves cross-border elements from England to Ireland, this may introduce further complexities and extend the timeline.
What steps can I take to dispute or minimize the charges if they appear unreasonable?
To dispute or minimize charges, ask for a detailed invoice breaking down the work done. This transparency will help identify any potentially excessive fees. Negotiate with the solicitor regarding the charges or seek a second opinion. If necessary, you can make a complaint to the relevant regulatory body.
