Jobs

Civil

wills

Hi, My friend is sole beneficiary in her husbands will, he's just passed away, their solicitor is executor. How much do solicitors charge is it a set rate or do they work on a percentage of the estate? How do they know how much the estate is worth? Who notifies the life insurance & mortgage protection companies?
Thanks

taxi-maid Mon 07/07/08 22:42

<< Previous

Next >>

Subscribe to question

Post an Answer

Barmaid
Tue 08/07/08
13:50

Your friend will have to give all her husbands documents to the solicitor and they will write to the asset holders and those to whom the deceased owed money to ascertain the size of the estate. She would be best to go and see the solicitor and take all such documents with her and he will be able to explain.

In terms of charges, most charge on an hourly rate. As your friend is the sole beneficiary and the solicitor is the executor he must write to her and give her details of the charges he is going to levy. She falls under the "third party client" rule of the Solicitors Conduct Rules and is entitled to be treated as if she were the client (on the basis that the solicitor cannot be his own client). Thus if she disagrees with the fees, she has the right to complain and request the Law Society to look at them afterwards. NB, this would NOT work if the solicitor was acting for a third party who was the executor since then the executor would be the client.

taxi-maid
Tue 08/07/08
17:55

Question Author

Thank you Barmaid very helpful

dzug
Wed 09/07/08
09:50

If your friend feels up to it the solicitor may (and only may) be willing to alllow her to do a lot of the routine clerical work and thus reduce the number of hours he (or more likley his clerk) has to spend.

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark