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."

Sources Icon

Statistic 2

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

Sources Icon

Statistic 3

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

Sources Icon

Statistic 4

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

Sources Icon

Statistic 5

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

Sources Icon

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."

Sources Icon

Statistic 7

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

Sources Icon

Statistic 8

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

Sources Icon

Statistic 9

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

Sources Icon

Statistic 10

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

Sources Icon

Statistic 11

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

Sources Icon

Statistic 12

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

Sources Icon

Statistic 13

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

Sources Icon

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."

Sources Icon

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."

Sources Icon

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."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!