Services
WILLS AND LASTING POWERS OF ATTORNEY
It's in your interest to put in place arrangements for the management of your affairs now, before it's harder to do so. MW Legal can offer support with Wills and Powers of Attorney for private individuals and business leaders.
WILLS
No individual client is the same, so costs will be confirmed when instructions are taken, but typical costs are likely to be in the region of:
➤ Simple Will for an individual at £150 plus VAT.
➤ Simple Wills for a couple at £250 plus VAT.
More complicated Wills will usually charge out at £200 plus VAT per hour.
MW Legal is a proud member of Certainty, the National Will Register, and will offer clients the opportunity to register their Will, for a small fee.
POWERS OF ATTORNEY
➤ Business Power of Attorney £200 plus VAT.
➤ Lasting Power of Attorney (LPA):
- One LPA (either Financial Affairs or Health and Welfare) for one person for £250 plus VAT.
- Two LPAs (Financial Affairs and Health and Welfare) for one person at £400 plus VAT.
- Two LPAs (either 2 x Financial Affairs or 2 x Health and Welfare) for a couple for £400 plus VAT.
- Four LPAs (2 x Financial Affairs and 2 x Health and Welfare) for a couple for £750 plus VAT.
All of the above are subject to a registration fee of £82 per LPA at the Office of the Public Guardian.
PROBATE AND ESTATE ADMINISTRATION
The death of a loved one can be a particularly challenging time. If you are the Executor of a loved one's Estate, MW Legal is here to offer you peace of mind, ensuring that the administration of the Estate is handled promptly and sensitively.
We provide a comprehensive range of services for families following a death, including:
- Guidance Through Legal Processes:.
- Day-to-Day Management.
- Grant of Representation or Grant of Probate.
- Inheritance Tax Advice.
- Asset Collection.
- Liabilities and Legacies.
- Distribution to Beneficiaries.
PROBATE FEES (UNCONTENTIOUS)
➤ 2% of the value of the Estate (excluding Real Property) plus VAT plus 2% of the gross value of any Personal Residence plus VAT.
- There is a Will or simply Intestacy.
- There is one Property.
- There are no more than 10 bank or building society accounts or life policies not in trust.
- There are no more than 6 shareholdings in the deceased's name and not in a nominee arrangement.
- There are no intangible assets or intellectual property assets.
- There are no more than 10 beneficiaries and their address details are known.
- There are no disputes between beneficiaries; any emerging dispute is likely to lead to increased costs.
- There is no Inheritance Tax payable and the Executors do not need to submit a full IHT Account to HM Revenue and Customs or if Inheritance Tax is payable then it can be paid from a separate account pre-application for the Grant.
- There are no claims against the Estate by creditors or persons under the Inheritance (Provision for Family and Dependants) Act 1975.
➤ Disbursements could include but not be limited to:
- Probate Application Fee at £300 inc VAT.
- Bankruptcy Searches (per Beneficiary) at £2.40 inc VAT.
- HM Land Registry copy entries (per document) at £3.60 inc VAT.
- Notice in the London Gazette to protect against unexpected claims by unknown creditors at £90.00 to £120.00 inc VAT.
- Notice in the local newspapers to protect against unexpected claims by unknown creditors will be priced as required.
- Additional copies of the Grant at £1.50 inc VAT each.
This list is not exhaustive and some of the fees may vary depending on the Estate, for example it may be necessary to get an expert valuation of any Property or stocks and shares. We will confirm the disbursements and fees with you upon receipt of all the paperwork and documentation.
Employment Law
You know that your people are the most important element of your business, so let us help you manage them properly. MW Legal supports employers and employees across a range of employment matters, for the good times and when you need a little extra help.
Working for both employers and employees, MW Legal seeks to find the sensible solution to any employment challenge, from reviewing HR manuals and policies to business restructuring, from drafting Settlement Agreements to advising employees during a settlement process.
No individual client is the same, so costs will be confirmed when instructions are taken, but typically this service will charge out at £200 plus VAT per hour.
Company COMMERCIAL Law
Whether you're setting up your own business, or looking for support navigating the challenges of business leadership, MW Legal specialise in company and commercial law, from business start up to engagement with HMRC and Companies House.
No individual client is the same, so costs will be confirmed when instructions are taken, but typically this service will charge out at £200 plus VAT per hour.