Clarke Willmott’s fee schedule for your clients

Will packages

Package or product	A fixed fee will be agreed once the structure and any additional work or enhancements to the structures have been agreed. Guide Price to Client (plus VAT).	SJP referral fee
Flexible Will for a single person	£1,800 to £2,250 (single)	10% of the fee
Asset Protection Wills	£2,400 to £2,800 (per pair)	10% of the fee
Next Generation Protection Wills	£2,800 to £3,300 (per pair)	10% of the fee
Family Protection Wills	£3,200 to £3,800 (per pair)	10% of the fee
Exempt Asset trust bolt on¹	£650 (single Will) to £950 (Mirror Wills)	10% of the fee
Property Discount bolt on¹	£650 (single Will) to £950 (Mirror Wills)	10% of the fee
Right to occupy property¹	£550 (single Will) (asset protection wills for mirror provisions)	10% of the fee
Option to buy property¹	£650 (single Will) to £975 (Mirror Wills)	10% of the fee
Loan plan provisions¹	£400 (single Will) to £700 (Mirror Wills) (for first loan plan, £75 (single)/£85 (pair) for each additional loan plan	10% of the fee

Lifetime planning

Package or product	A fixed fee will be agreed once the structure and any additional work or enhancements to the structures have been agreed. Guide Price to Client (plus VAT).	SJP referral fee
Creation of lifetime trust N.B Extra costs will apply for a transfer of a property to the trust.	£1,400 for due diligence and advice £2,000 for Trust Deed £650 for completion of IHT100 (single) £950 for completion of IHT100 (couple) £600 for registration with Trust Registration Service for up to 4 beneficiaries and an additional £15 for each additional beneficiary requiring registration	10% of the fee
Holiday Home Trust – UK property only (If registered freehold property with no mortgage)	£1,400 for due diligence and advice Documentation from £2,650 £650 for completion of IHT 100 (single) £950 for completion of IHT100 (couple) £600 for registration with Trust Registration Service for up to 4 beneficiaries and an additional £15 for each additional beneficiary requiring registration Land registry fees may also be payable	10% of the fee
Helping children onto the property ladder	£1,400 for due diligence and advice Documentation from £2,900 £650 for completion of IHT 100 (single) £950 for completion of IHT100 (couple) £600 for registration with Trust Registration Service for up to 4 beneficiaries and an additional £15 for each additional beneficiary requiring registration Land registry fees may also be payable	10% of the fee
Family Investment companies	£14,000 to £19,000	10% of the fee
Domicile review and report	£4,000 to £5,000	10% of the fee

Estate administration and implementation

Package or product	A fixed fee will be agreed once the structure and any additional work or enhancements to the structures have been agreed. Guide Price to Client (plus VAT).	SJP referral fee
Full estate administration	Please contact us for details. A fee estimate range will be provided when we have sight of full details of the estate and the Will	10% of the fee
Grant only (excepted estate)	£2,500 grant application based on records and valuations provided Plus £600 for reviewing position if it is second death with NRBT on first death where all information is available; £800 when all information is not available Any additional work or advice (eg normal expenditure out of income, >4 lifetime gifts, transferable nil rate band etc) at hourly rates	10% of the fee
Grant only (IHT 400) (non-taxpaying estates due to value or spouse or charity exemptions only. Not available for taxable/business/agricultural relief estates)	£3,500 grant application based on records and valuations provided Plus £600 for reviewing position if it is second death with NRBT on first death where all information is available; £800 when all information is not available Any additional work or advice (eg normal expenditure out of income, >4 lifetime gifts, transferable nil rate band etc) at hourly rates	10% of the fee
Grant only (IHT 400-taxable or non-taxable due to Business Relief/Agricultural Property Relief etc)	Bespoke-fixed fee can be offered with full information	10% of the fee
Transferable nil rate band claim pack	£700	10% of the fee
Trust registration for estates requiring registration	£600 for up to 4 beneficiaries and an additional £15 for each additional beneficiary requiring registration	10% of the fee
Deeds of variation – add legacies, no trusts	£1,200²	10% of the fee
Deeds of Variation on to discretionary trust Reporting on impact of existing Will and lifetime gifts of deceased (due diligence report) The Deed of Variation adding trusts or making gifts to existing trusts including tax and estate planning advice and documentation	Due diligence report £1,400 Deed of Variation £2,000² Loan Arrangements (inc loan agreement and trustees resolutions if required) £1,000 Trust Registration Service £600 plus VAT for up to 4 beneficiaries and an additional £15 for each additional beneficiary requiring registration	10% of the fee
Deed of Variation Loan Plan Package including due diligence report and deed of variation to vary the will to leave a legacy of the outstanding loan to the loan plan trustees	Due diligence report £1,200 Deed of Variation £1,200 for 1 loan plan legacy and an additional £200 for each additional loan plan	10% of the fee

Trust Planning

Package or product	A fixed fee will be agreed once the structure and any additional work or enhancements to the structures have been agreed. Guide Price to Client (plus VAT).	SJP referral fee
Review of existing nil rate band discretionary trusts and impact of residence nil rate band	£1,100	10% of the fee
First death nil rate band discretionary trusts – review and/or late implementation	Please contact us for details	10% of the fee
Implementation of options:
terminate trust; or	£1,200	10% of the fee
loan and charge package;	£3,500	10% of the fee
convert trust to life interest; or	£2,400	10% of the fee
Other trust restructuring	Please contact us for details	10% of the fee
Trustee appointment and retirement (New Client)	£1,100	10% of the fee
Trustee appointment and retirement (Existing Client)	£800	10% of the fee
Trustee removal and replacement (mental incapacity with COP application)	Please contact us for details	10% of the fee

Lasting Powers of Attorney

Package or product	A fixed fee will be agreed once the structure and any additional work or enhancements to the structures have been agreed. Guide Price to Client (plus VAT).	SJP referral fee
Business LPAs – to cover director or shareholder decisions	Initial fee of approx. £900 for due diligence and advice. Plus typically £500 to £750 per LPA document for one donor with one business. Corporate review fees payable in addition.	10% of the fee
LPA – Property and Financial Affairs – with registration	£358.33 (single LPA) £575 (pair of LPAs)3 Plus registration fee of £82 per LPA	If SJPP fully completes and provides the LPA Questionnaire, a referral fee of £58.33 is payable. If no completed questionnaire, referral fee waived.
LPA – Health and Welfare – with registration	£358.33 (single LPA) £575 (pair of LPAs)³ Plus registration fee of £82 per LPA
LPA – both types for single person – with registration	£545.83³ Plus registration fee of £82 per LPA
LPA – both types for a couple – with registration	£1,000³ Plus registration fee of £82 per LPA