Probate is the court-supervised process of identifying and gathering the assets of a decedent, paying the decedent’s debts, and distributing the balance to the decedent’s beneficiaries. Whether you are a beneficiary or an executor of a will, it’s important to know the probate costs because the process can become complex, time-consuming, and expensive.
Read below to learn about the costs associated with probate and why it’s crucial to have legal guidance on the probate process in Florida.
Attorney Probate Fees in Florida
The biggest cost associated with Florida probate is typically the lawyer fees, which differ depending on the estate’s size.
Other Probate Fees
The probate process may include some additional costs. These fees can include paying off a deceased person’s debts, providing legal notice to creditors through advertising, and hiring accountants to handle the estate income taxes.
The associated probate fees include:
● Attorney Fees
● Accountant Fees
● Court Filing Fee (approximately $450)
● Executor bond fees for the executor
● Additional costs for assets held in multiple jurisdictions (if out of state)
● Publication fees for legal notice to creditors (approximately $200)
Why Is Legal Guidance Important?
Navigating probate’s costs and complexities can be intimidating, especially after losing your loved one. Florida law requires an executor to be represented by an attorney. Hiring an experienced attorney who can guide you through each step of the process can help you through this difficult time.
Contact a Florida Probate Attorney Today!
Probate is a complex process that can negatively affect you and your family when losing a loved one. If you have any questions regarding probate costs, contact an experienced probate attorney to advise you on your options and help minimize costs.
Adrian Philip Thomas, P.A. has helped many families navigate the probate process. You can learn more about our services or contact us for a consultation by calling (954) 764-7273 or visiting our website.
