Our recent blog explained the process and requirements of obtaining Probate; a process that follows the death of a loved one.
Solicitors generally charge between 3-5% of the value of an estate when dealing with the Probate process and the administration of the estate.
You may have seen adverts on various social media channels from companies offering “pre-paid Probate services”, to “ensure that your family do not have an outlay after your death.”
This offering is not as clear as it may seem, however. It means you paying the fee in advance, instead; something that not everyone would be able to do.