Attorney Fees in Probate

Attorney Fees in Probate

Attorney fees in probate can drastically cut into someone’s inheritance. Unfortunately, in California, attorneys fees in probate are calculated on the gross value of the estate. In this regard, no consideration is given to estates that also have a substantial amount of debt. The calculation of attorney fees in probate do not factor in any existing estate debt. In this regard, for example, an estate with gross value of $250,000 would incur, at minimum, $8,000 in statutory attorneys fees, even if the net value of the estate was only $50,000. This article discusses attorneys fees in probate and offers suggestions of ways to minimize attorneys fees in probate, or eliminate them entirely.

The post Attorney Fees in Probate appeared first on A People’s Choice.

By |2018-05-08T14:52:23+00:00April 18th, 2018|

About the Author:

Sandra M. McCarthy, founder of ProbatebyME.com / A People’s Choice Inc., has worked exclusively in the legal field since 1976. She served as the 2004-2005 President of CALDA (California Association of Legal Document Assistants). She obtained a Paralegal Certificate from the University of California, Santa Barbara. During her career in the legal field, she has worked as a freelance paralegal, law office manager and paralegal studies teacher, and has co-authored numerous legal publications and written hundreds of self-help legal articles. As a registered Legal Document Assistant, Sandy is dedicated to providing affordable, low-cost, self-help document preparation services for California consumers in all 58 counties.
error: