Could Your Inheritance Be Worth More Than You Think?
Explore these examples to understand what a beneficiary's share of an estate could look like once an estate is ready for distribution.
These examples assume a net estate entitlement of £100,000, meaning solicitor fees, administration costs, taxes and other estate-related expenses have already been deducted and the remaining funds are available for distribution to beneficiaries.
For demonstration purposes only, we have used an illustrative tracing fee of 5% plus VAT. This is not a fixed fee. The agreed fee may be higher or lower depending on the individual circumstances of each case.
Example 1: Sole Beneficiary
Net Estate Entitlement: £100,000
Number of Beneficiaries: 1
Illustrative Fee: 5% plus VAT
| Net Estate Entitlement | £100,000.00 |
| Illustrative Fee (5%) | £5,000.00 |
| VAT on Fee (20%) | £1,000.00 |
| Total Fee Including VAT | £6,000.00 |
| Estimated Amount Received | £94,000.00 |
Example 2: Three Equal Beneficiaries
Net Estate Entitlement: £100,000
Number of Beneficiaries: 3 Equal Shares
Illustrative Fee: 5% plus VAT
| Individual Share Before Fees | £33,333.33 |
| Illustrative Fee (5%) | £1,666.67 |
| VAT on Fee (20%) | £333.33 |
| Total Fee Including VAT | £2,000.00 |
| Estimated Amount Received By Each Beneficiary | £31,333.33 |
Important Information
These examples are provided solely for illustrative purposes and are designed to help explain how a fee arrangement may operate in practice.
The examples assume a net estate entitlement of £100,000. A net estate entitlement means that all estate liabilities and expenses, including solicitor fees, administration costs, taxes and any other estate-related expenses, have already been deducted and the remaining funds are available for distribution to beneficiaries.
For demonstration purposes only, the examples use an illustrative tracing fee of 5% plus VAT.
The fee shown is not a fixed fee. Every estate and every beneficiary claim is different and the agreed fee may be higher or lower depending on the individual circumstances of the case, the complexity of the research undertaken and the services being provided.
Actual amounts received by beneficiaries may vary depending on:
- The final net estate entitlement
- The number of beneficiaries entitled to inherit
- Individual entitlement percentages
- The terms of any agreement entered into
- The specific circumstances of the estate administration