Probate Court Costs consist of Court Fees, Personal Representative Fees, Attorney's Fees, Accounting Fees, Bond Fees, Appraisal and Business Valuation Fees, Filing Fees, Newspaper Publication Fees, Certified Copy Fees, not to mention other Miscellaneous Fees.
After adding up all of these fees and costs, you can count on probate taking anywhere from 3%-8% of your assets away from your beneficiaries, which doesn't include estate and income taxes that may be due and payable during the course of the probate administration.
Compare this with the cost of settling a Revocable Living Trust, which often costs much less than 1%.
SAVE $ FOR YOUR LOVED ONES!
*estimated probate cost provided is calculated based on 3%. On average, this can range from 3% - 8%.