6k for conveyancing???another approx €6 K for selling the property
I went through something similar recently although I was not directly involved and could only push it so far. The family solicitor quoted nearly 24k for an estate of close to 2m, but the majority was a family farm. One benefactor - the deceased's wife, and nothing to sell either. I was astounded by this and felt it was a total ripoff.My preference is for my own solicitor to do this work, as I have always found them good & very professional - but my issue is that I have absolutely no idea if the fee quoted of €15,000 + VAT is a reasonable price or not for the scope of work outlined ?
In your opinion. As with everything there can be complications or the job is not that straightforward. As always, people can choose to do it themselves but I am more than prepared to pay to make sure the job is done correctly by a professional.The €50k from a stranger and the family solicitor charging €24k for what should be a very simple job!
6 K for the conveyance is the highest I've heard of in a long time.I think if it includes selling the property it is good value, my husband is doing this for his mother’s estate presently and it is somewhere about €5 - €7 K without selling the property so another approx €6 K for selling the property brings it to roughly €12K and you are in and around this as well. Shopping around will probably get you a more competitive quote so you could get a couple of grand off your quote with a bit of haggling. My husband had fair deal in there as well, not sure if this was your aunts case too so that might add a bit of complication.
I went through something similar recently although I was not directly involved and could only push it so far. The family solicitor quoted nearly 24k for an estate of close to 2m, but the majority was a family farm. One benefactor - the deceased's wife, and nothing to sell either. I was astounded by this and felt it was a total ripoff.
I then went and got 5 quotes from different solicitors in the area, and they ranged from 6k to 50k, with the average being close to 12k.
I have to admit, I do not see how anyone can justify pricing of probate based on asset value, rather than work to be done. I will have to have a deal done with my own solicitor to make sure the probate price is agreed upfront, as I would not leave than experience to my next of kin when the time comes !
If it's just one conveyance and collecting money from bank accounts it sounds simple enough so the fee sounds high to me. You need to shop around. If you are good with paperwork then you can do it yourself and hire a solicitor to do the conveyance. There are many threads on here of how posters managed it.Hi,
Your views re. the legal fees in question would be appreciated.
If it's just one conveyance and collecting money from bank accounts it sounds simple enough so the fee sounds high to me. You need to shop around. If you are good with paperwork then you can do it yourself and hire a solicitor to do the conveyance.
I agree with you there, particularly if selling. But I wouldn't advise it. For 6K yes. I'd prefer to pay the fee and be done with it.You don't actually need a solicitor for conveyancing either. And although I have always thought it foolish not to use one, a €6,000 fee might make me think twice.
Exactly - it does not stop them doing it - and I cannot see how the value of the estate has anything to do with the effort required to process the probate. The simple answer is the solicitors in this case are taking advantage of the person, just because the estate has a reasonable level of cash and because they are of the generation where solicitors are treated as people of esteem and privilege in the community they don't want to rock the boat. I have done all I can, including showing them the other quotes but they have agreed to proceed with the quote. Needless to say I have a lump bitten out of my tongue at this stageThe fee used to be based on a percentage of the estate. That was banned. But it doesn't stop solicitors actually basing their quotes on the size of the estate.
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