BARCLAYS WEALTH ESTATES & TRUSTS

BARCLAYS WEALTH ESTATES & TRUSTS
Schedule of fees for Probate services
Barclays Bank Trust Company Limited
1. Fees including VAT for acting as Executor or
Administrator
Gross estate value Service fee
Up to £200,000 £6,000
£200,001 - £300,000 £9,600
£300,001 - £400,000 £12,000
£400,001 - £500,000 £15,600
£500,001 - £1,000,000 £18,000
£1,000,001 - £3,000,000 £36,000
Over £3,000,000 By agreement
In most cases we will confirm a fixed fee as soon as
practical following notification of the death, however in
some cases we will need to make an additional charge for
activities listed in point 3.
All the fees quoted above are inclusive of the following
activities:
• Probate valuation of investments excluding private
company shares
• Legal fees for preparing the probate application
along with probate court fees
• Estate tax returns
• Indemnity fees – Leasehold property and missing
share certificates
• Postage and telephone costs
2. Disbursements
All fees quoted above are exclusive of disbursements,
expenses and third party costs properly incurred e.g. estate
agents commission and solicitors costs. These expenses will
be charged in addition to the fees quoted above.
3. Fees for complex / other activities
In addition to the fees detailed in 1, a charge for services
may be made when dealing with the following:
• Business or agricultural property
• Operating or selling a business
• Private company shares
• Assets abroad
• Assets of a specialised nature e.g. fine art
• Complex tax issues
• Tax returns for the period to the date of death will
be charged at £420 per return or if our work
confirms no return is required, a lesser charge of
£240 will apply. Tax returns for the estate
administration period are included in the service
fee
• An unclear will
• Freehold or leasehold property issues e.g. missing
title deeds
• Transfer of investments or other assets to
beneficiaries
• Deeds of variation, disclaimer and renunciation of
appointment as executor
• Engagement in litigation or dealing with threatened
or anticipated litigation (including caveats)
• All other duties of an unusual or complex nature
Such fees will be charged based on time spent (rates
available on request) except for tax returns to the date of
death which are shown above as fixed fees.
These fees are effective for deaths occurring on or after 1 January 2011