GITNUX MARKETDATA REPORT 2024

Statistics About The Average Legal Fees For Settling An Estate

The average legal fees for settling an estate can range from $1,000 to $4,000, with higher costs depending on the complexity of the estate and the services required.

Statistic 1

"The average cost of settling an estate in general can range from 3% to 7% of the total value of the estate."

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Statistic 2

"An "uncomplicated" estate may be settled by an attorney for about $2,500."

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Statistic 3

"If disputes arise, the cost of settling an estate can rise to between 5% and 10% of the estate's value."

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Statistic 4

"Flat fees for probate attorneys can range from $1,000 to $3,000, excluding court costs."

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Statistic 5

"Basic fees for executor services are typically 2% to 4% of the estate's value."

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Statistic 6

"Some estates may be subject to additional fees such as federal estate taxes which can be as high as 40% of the estate’s value."

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Statistic 7

"Contested estates may require probate litigation, which can range from $5,000 to $50,000 or more in legal fees."

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Statistic 8

"Hourly rates for attorneys practicing in estate law range from $120 to $400 per hour."

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Statistic 9

"For estates valued under $50,000, the administrative costs average $3,500."

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Statistic 10

"Executors could cost an estate 2-4% of its total value in fees"

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Statistic 11

"A simple will by an attorney can cost between $150 and $600."

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Statistic 12

"Probate court costs can range between $350 and $4,500 or more."

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Statistic 13

"The costs average from 6% to 8% in fees and costs to the estate if the deceased left a will."

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Statistic 14

"Many probate attorneys charge an hourly rate, which can vary significantly based on the lawyer's experience and skill level, ranging from $150 per hour to in excess of $300 per hour."

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Statistic 15

"High-net-worth individuals (HNWI) often spend around $600 to $1,200 per hour for a specialized attorney to handle their complex estate."

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Statistic 16

"Probate costs, which can include attorney fees, can range from 0.5% to 3% of the value of the property going through probate."

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