“No win/ no fee”: commission basis agreed directly with each beneficiary on an individual basis.
Fee Types Explained
Contingency
Finder’s Fee
“No win/ no fee” agreed with the personal representative(s).
Fixed Fee
Fee and timescale set prior to agreement.
Budget
Budget set out from the start. If further research is required we seek authorisation.
Risk
We accept the risk. No charge to you regardless of the time, effort and resources spent on the case.
Risk
We accept the risk: no charge to you come what may.
Risk
We accept the risk that the research may be more onerous than initial projections.
Risk
Risk is shared. In the unlikely event that the research requirements exceed our projections we will suggest a new working budget for the next stage of research.
Benefit
No win, no fee, no direct cost to the solicitors, beneficiaries agree the fees minimising risk of complaints to solicitors.
Benefit
No win no fee: if we locate no additional beneficiaries then we receive no fee but still provide a report and a quotation for MBI. Lower fees than contingency.
Benefit
Control over fees and timescale
Benefit
Cheaper option where we are paid on an hourly basis for completing individual research tasks. Best suited to low value cases.
Disbursement Costs
On us.
Disbursement Costs
On us.
Disbursement Costs
On you.
Disbursement Costs
On you.
Recommended Use
When seeking an administrator.
Bona vacantia cases where there is no known kin.
Particularly complex &/ or international cases.
Recommended Use
Intestate or testate estates where an Administrator is in place but where there are potentially missing beneficiaries. Particularly complex cases or cases where there are overseas elements.
Recommended Use
Where certainty, in terms of fee(s), and timetable is of paramount concern.
Recommended Use
Large complex cases and for research with an overseas element.
Contingency
“No win/ no fee”: commission basis agreed directly with each beneficiary on an individual basis.
Risk
We accept the risk: no charge to you regardless of the time, effort and resources spent on the case.
Benefit
No win, no fee, no direct cost to the solicitors, beneficiaries agree the fees minimising risk of complaints to solicitors.
Disbursement Costs
On us.
Recommended Use
Administrator: Search
Bona vacantia cases, i.e. intestate cases where there is no known kin.
Particularly complex cases or cases where there are overseas elements.
Where particular expediency is required.
Finder’s Fee
“No win/ no fee” agreed with the personal representatives of the estate.
Risk
We accept the risk: no charge to you. Due to the relatively lower risk to Kin Resolution this option is often better value than contingency but is still no win / no fee.
Benefit
No win no fee: if we locate no additional beneficiaries then we receive no fee but still provide a report and a quotation for MBI. Lower fees than contingency.
Disbursement Costs
On us.
Recommended Use
Intestate or testate estates where an Administrator is in place but where there are potentially missing beneficiaries. Particularly complex cases or cases where there are overseas elements.
Fixed Fee & Fixed Timescale
Fee and timescale set prior to agreement.
Risk
We accept the risk that the research may be more onerous than initial projections.
Benefit
Control over fees and timescale
Disbursement Costs
On you.
Recommended Use
Where certainty, in terms of fee(s), and timetable is of paramount concern.
Budget
Budget set out from the start. If further research is required we seek authorisation.
Risk
Risk is shared. In the unlikely event that the research requirements exceed our projections we will suggest a new working budget for the next stage of research.
Benefit
Cheaper option where we are paid on an hourly basis for completing individual research tasks, particularly beneficial on low value cases.
Disbursement Costs
On you.
Recommended Use
Large complex cases and for research with an overseas element.
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