Please find below a list of our current pricing for Wills, Protective Property Trusts, Right to Reside or Occupy, Disabled/Vulnerable Persons Trust, Lasting Power of Attorney and Home Protection Scheme (Asset Protection Trust).
For a list of our current special offers, please fill in the form with your name and email and we will get it over to you within 24 hours!
All prices are including VAT.
Standard Price
Simple Straightforward Last Will & Testament (Single)
£139
Simple Straightforward Last Will & Testament (Couple)
£229
Description
Please click here to visit our section on Will Writing.
Information for Wills
Should your Wills not be simple & straightforward, a specific quote will be given at our meeting to incorporate the specialist documents you require.
Additional charges may/will be incurred in respect of the following;
•Dealing with Business interests
•Dealing with Children from a previous Marriage
•Second Marriages
•Default Beneficiaries
•Specific Legacies or Gifts of Property
•Cash Legacies
•Appointment of Guardians
•Exclusions
•Specialist Estate Planning advice
•Inheritance Tax advice
•Attestation Fee
•Storage Fee
Minimum £39 professional advice fee added to all prices quoted
Standard Price
Simple Straightforward Last Will & Testament (Single)
£349
Simple Straightforward Last Will & Testament (Couple)
£379
Description
This includes a simple Will with the addition of a life interest trust gifting the deceased’s share and interest in the property to the trustees ………….the trust is written to allow the survivor the right to live in the property for the rest of their life but with the flexibility to move and potentially release money from the estate………on the death of the surviving partner the property is distributed in accordance with the trust…..this is especially useful where a couple have children from a previous marriage /relationship and wish to provide for their new partner but ensure their assets ultimately pass to their own children………..it will require the property to be owned as tenants in common and includes severance of the property.
Information for Protective Property Trust
Additional charges may/will be incurred in respect of the following;
•Dealing with Business interests
•Dealing with Children from a previous Marriage
•Second Marriages
•Default Beneficiaries
•Specific Legacies or Gifts of Property
•Cash Legacies
•Appointment of Guardians
•Exclusions
•Specialist Estate Planning advice
•Inheritance Tax advice
Minimum £39 professional advice fee added to all prices quoted
Standard Price
Simple Straightforward Last Will & Testament (Single)
£349
Simple Straightforward Last Will & Testament (Couple)
£379
Description
This includes a simple Will including a right to reside or occupy trust…..this is commonly used where a property is held in the sole name of one party and they wish for their spouse ..children ..parent or any other person ( called the ‘occupant’) to have the right to live in the property without ever owning it…this allows the owner to dictate who will inherit the property after the ‘occupant’ dies ….this can be established for the life of the ‘occupant’ ..or a set period of time…..or to attaining a specific age or other conditions….
Information for Right to Reside or Occupy
Should your Wills not be simple & straightforward, a specific quote will be given at our meeting to incorporate the specialist documents you require.
Additional charges may/will be incurred in respect of the following;
•Dealing with Business interests
•Dealing with Children from a previous Marriage
•Second Marriages
•Default Beneficiaries
•Specific Legacies or Gifts of Property
•Cash Legacies
•Appointment of Guardians
•Exclusions
•Specialist Estate Planning advice
•Inheritance Tax advice
•Attestation Fee
•Storage Fee
Minimum £39 professional advice fee added to all prices quoted
Standard Price
Simple Straightforward Last Will & Testament (Single)
£349
Simple Straightforward Last Will & Testament (Couple)
£379
Description
Wills written to include a discretionary trust residue that will protect beneficiaries should they have difficulty in managing their affairs…..this allows to provide for a person in a safe and controlled fashion with capital & income advanced by the trustees as they see fit….where the person is disabled and complies with S89 IHTA 1984 a disabled/vunerable people’s trust should be used particularly where the estate exceeds the nil rate band………..which in turn will benefit from preferential tax treatment…with both trusts there should contain a letter of wishes detailing the intentions of how the trusts should be run.
Information for Disabled/Vulnerable Persons Trust
Should your Wills not be simple & straightforward, a specific quote will be given at our meeting to incorporate the specialist documents you require.
Additional charges may/will be incurred in respect of the following;
•Dealing with Business interests
•Dealing with Children from a previous Marriage
•Second Marriages
•Default Beneficiaries
•Specific Legacies or Gifts of Property
•Cash Legacies
•Appointment of Guardians
•Exclusions
•Specialist Estate Planning advice
•Inheritance Tax advice
•Attestation Fee
•Storage Fee
Minimum £39 professional advice fee added to all prices quoted
Standard Price
Single Application
£289
Second Application
£259
Description
Please click here to visit our section on Lasting Power of Attorney.
Information for Lasting Power of Attorney
There are two additional fees in relation to Lasting Power of Attorney (LPA) and they are the Registration Fee and Final Fee. The Registration Fee of £82 is paid to The Office of Public Guardian for each LPA and the Final Fee of £49 is paid to Essential Wills at the registration stage for each LPA
The Registration Fee of £82 can be reduced by 100% or 50% if you qualify as explained below.
Exemption of Fees (100% reduction)
If the Donor is in receipt of any of the following means-tested benefits and has not been awarded damages of more than £16,000, which were disregarded when determining eligibility for the benefit they are eligible for a full exemption:
•Income Support
•Employment and Support Allowance (income related)
•Income-based Job-Seeker’s Allowance
•A combination of Working Tax Credit and either Child Tax Credit, Disability Element Working Tax Credit or Severe Disability Element (within the Working Tax Credit). This does not include Disability Living Allowance or Invalidity Benefit
•Housing Benfit
•Council Tax Benefit (not the 25% single person reduction or exemption)
•Local Housing Allowance
In order to apply for an exemption of fees, you must enclose copies of recent letters (dated within the last three months) confirming receipt of the benefits above, such as letters from the DWP or benefit provider.
Remission (50% reduction)
If the Donor’s gross annual income is less than £12,000, they will be eligible for a 50% reduction of the fee.
Gross annual income may come from employment, non-means-tested benefits (such as Attendance Allowance and Disability Living Allowance), pensions and interest from capital investments.
In order to apply for a remission, you should send us proof of the Client’s gross annual income, such as wage slips, bank statements or statements from a pension provider.
The evidence provided should cover a period of at least three months.
Minimum £39 professional advice fee added to all prices quoted
Standard Price
Initial Application Fee (Single)
£2,695
Initial Application Fee (Couple)
£2,895
Description
Please click here to visit our section on the Home Protection Scheme (Asset Protection Trust).
Information for Home Protection Scheme
We always offer free initial telephone advice.
At our initial meeting we will assess your wishes and needs based on all the information at hand…this will also involve addressing any potential tax implications …a full fact find will be carried out in order that all the financial facts are at our disposal in order to make the best possible recommendation…..Should we get to the position after the assessment where the drafting of the Trust is deemed to be good advice then we will then complete the appropriate Trust Application….at this stage the Initial Application Trust fee is paid on application……please note we would never complete any documentation on our first visit and think it would desirable for all family members to be present at our meeting/s… The cost of this meeting is £39.
Please not the cost quoted above includes the drafting of the Trust Deed and all necessary conveyancing legal work in order to transfer the property accordingly in to the Trust…We will engage our Barristers to undertake this procedure as this type of work is classed as reserved legal activity and can only be undertaken by qualified legal professionals …
Once your Trust Deed has been produced ….there is also a final charge payable to the Land Registry in order to change the register and to transfer your property accordingly into the name of the Trust.
•£0-£100,000 – Fee £40
•£100,001-£200,000 – Fee £60
•£200,001-£500,000 – Fee £80
•£500,001-£1,000,000 – Fee £120
•£1,000,001 and over – Fee £250
Finally there will be a charge of £169 to overview the signing and witnessing of the Trust Deed together with the administration of the transfer as mentioned above payable to Essential Wills.
Minimum £39 professional advice fee added to all prices quoted