waiting for probate

[boobesque]

i am currently waiting for probate to be reached on a will of which i am a benefactor. I have been waiting over a year so far and my question is am i paying a weekly/monthly/recurring fee to the solicitors who are handling the case? Thanks

[dzug]

Unlikely.

The estate (not you personally) will be paying the solicitor but it's normally an hourly rate based on the amount of work done, or occasionally a flat rate % of the value of the estate, or maybe a combination. They shouldn't be paying a recurring amount.

[boobesque]

i actually mean that now after the person has died will any money be taken out of the final inheritance?

[dzug]

If your financial inheritance was for a specific amount, then assuming the estate was solvent, then that's what you will get. No fees deducted. You might get some interest as well - not sure of the rules on this. Also, depending on what the will said, you might have to pay a proportionate share of the inheritance tax, if any.

If your inheritance is for what's left after everyone else has had their bit, then the fees will have come out of it before you get it.