Probate Law

How Much Does Florida Probate Cost?

Probate is the legal process of administering someone’s estate. The person responsible for probating an estate is called a personal representative. When someone dies, their assets are distributed according to the will or if there is no will, according to state law. If you are planning on probating in Florida, here is what you need to know about how much it costs.

How Much Does It Cost for Probate in Florida?

Florida probate cost comes down to attorney fees. Moreover, it varies depending on the size and complexity of the estate. We’ve laid out a rough estimate for how much it can cost based on the estate:

  • $1,500 for estates valued up to $40,000
  • $2,250 for estates valued over $40,000 and up to $70,00
  • $3,000 for estates valued over $70,000 and up to $100,000
  • 3% of the total cost for estates valued over $100,000 and up to $900,000
  • 2.5% of the total cost for estates valued between $1 million and up to $3 million
  • 2% of the total cost for estates valued over $3 million and up to $5 million
  • 1.5% of the total cost for estates valued over $5 million and up to $10 million
  • 1% of the total cost for estates valued over $10 million

It’s important to note that while your lawyer is responsible for collecting the Florida probate cost, they don’t keep all of the money for themselves. Instead, any necessary costs go to things like court filing fees, notices to creditors, will translations, and any additional fees associated with the estate.

What Is the Estate Probate Process?

The process of probating an estate is not simple or quick. In order to get started, you will first need to collect information on the deceased person’s assets and liabilities. The next step is to organize these assets and liabilities and file a petition with the court to obtain a grant of administration.

Once this is approved by the court, you will be granted the authority to deal with assets in accordance with instructions in the will. If there is no will, then state law dictates how assets are distributed. There may also be costs associated with hiring an attorney and accountant. 

You will also need to publish notices in local newspapers to inform creditors of debts owed by the estate. This will allow them to make claims against the estate up until a certain deadline is reached. You can expect these legal fees to vary depending on which firm you hire for probate services. 

Since probating an estate can be a complicated process, it usually takes a lawyer to handle it. This will not only cost the fees for the lawyer but any other expenses that come with probating an estate, such as:

  • Accountant fees
  • Court filing fees 
  • Executor bond fees
  • Out-of-state probate costs (if applicable)
  • Publication/notice fees
  • Will translation and other documents

In Florida, probating an estate can cost as much as $8,000. Probating an estate refers to the process of administering the estate of a deceased person and distributing their assets to those entitled to receive them. The probate process can be relatively simple and straightforward, or it can be complicated and long.

The legal fees required to probate an estate depend on the type of probate proceeding you select and the complexity of the case. For example, if you require an attorney to represent you, fees can range from $3,000 to $10,000 or more.

Example of Probate in Florida

The cost to probate an estate in Florida ranges from $1,500 to $8,000 and generally includes:

Attorneys’ Fees: $3,000 to $10,000 or more

Court Fees: $350 to $1,200

Executor Fees: $150 to $1,500

Other Expenses: $350 to $1,200

Therefore, Florida probate cost can average around $8,000. But this figure could be significantly lower or higher depending on the specifics of the estate. 

It’s important to speak with your attorney to see what the requirements of the estate plan are before proceeding with probate. This will allow you to know what to expect in fees, so there are no surprises when you’re ready to get started. 

If you would like to discuss your probate needs with an experienced firm, contact the team at Doane & Doane today. Our extensive experience ensures that you will receive transparent legal counsel. We will provide you with the guidance and direction you need to complete the probate process.

Call the Florida Probate Experts at Doane & Doane

Doane & Doane is here to assist you with all of your Florida probate needs. When you enlist our services, you can look forward to honest, experienced, and friendly legal counsel from industry professionals. To get started in the probate process, give us a call at 561-656-0200. You may also complete our contact form to arrange a consultation.

The information in this blog post is for reference only and not legal advice. As such, you should not decide whether to contact a lawyer based on the information in this blog post. Moreover, there is no lawyer-client relationship resulting from this blog post, nor should any such relationship be implied. If you need legal counsel, please consult a lawyer licensed to practice in your jurisdiction.