How much does a probate cost?
The Court filing fee is approximately $200. The Probate Referee’s fee is based upon one-half of one percent of the assets inventoried. The attorney’s fee and the executor’s fee are based upon a percentage of the estate (four percent of the first $100,000, three percent of the next $100,000, two percent of the next $800,000 and subsequently declining). Usually the fees are significantly lower when a living Trust is used rather than probate Court administration. Time and money are the two reasons why most people prefer to avoid the cost of probate.
