It isn't easy to give a precise figure for the cost of administering an estate, as so many variables affect the time and therefore the overall cost at each stage of the service (see below). However, by way of guidance, it is common for our fees to be in the region of 1-2% of the gross value of the estate. Where estates have very few assets, liabilities and beneficiaries, the costs may be less than the range given. Likewise, where the opposite applies, the costs may be higher. 
 
We give a percentage range, as it is the easiest way to conceptualise the cost quickly. However, in practice, we would not use a % figure to determine our fees for an estate administration. Instead, we would provide the option of an estimated cost, based upon our hourly rates; and this estimated fee proposal would also provide a fixed fee option for clients who prefer this.