Probate Services

Lentells Estates and Probate Services Logo

 

Lentells Estates and Probate Services is a wholly owned subsidiary company of Lentells Limited. Lentells Estates and Probate Services is pleased to offer a professional and competitively priced probate service to all our clients, their families and contacts. 

 

Probate 

The level of service and support you require from Lentells can be agreed at the outset. This is flexible and you can choose to pass the entire process to Lentells Estates and Probate Services, or we can assist in those areas where you need most help. The full service includes:

  • Compiling details of the deceased's assets and liabilities 
  • Obtaining professional valuations
  • Completing the Inheritance Tax (IHT) accounts and forms
  • Claiming the IHT reliefs and exemptions and calculating the IHT payable
  • Gathering in or selling the assets of the estate
  • Settling the debts of the deceased and arranging for the payment of IHT
  • Reviewing potential tax savings through a Variations of the Will within two years
  • Dealing with Income and Capital Gains Tax Liabilities of the estate
  • Paying legacies and distributing assets to the beneficiaries
  • Preparing final estate accounts 

 

We think it's fairer to charge based on the time spent taking into account the complexity involved rather than just charging a fixed percentage of the estate value. No two estates are alike and the value and complexity of the estate needs to be assessed before a fee estimate can be provided . If foreign assets are involved, then the time and costs will be higher. 

 

We will agree a cap on our fee, although in most cases the actual fee will be less than the cap, based on the actual time spent. In setting a cap fee, we also have to set a minimum fee which is £1,000. Our fees do not include any third party costs that arise such a professional valuations for Probate purposes or legal fees associated with the transfer of property. All fees are subject to VAT. 

 

In what ways might you benefit from our Probate Service?