The question everyone wants to know, and some are afraid to ask, is this: how much do you charge?
My goal is to reach as many families in Kern County as possible to get them out of probate and avoid the costly and time consuming experience of court. When my probate clients find out how long it takes and how much the fees are, they all wish a trust was in place. (Simple example: You have a house worth $200,000 and that’s it. Attorney fees are $7,000 for that (at the end), filing fees are $435, Notice in the Paper a couple of hundred, give or take, and the probate referee has a fee for appraising the house. That is a cost of roughly $8000…and if the executor takes the fee he/she is entitled to, that’s another $7000 gone. Very pricey AND time consuming compared to executing a trust.)
Currently, my Estate Planning fees are as follows:
Trust Administration: $250 per hour
Deed Preparation: $250 (does not include recording fees or notary)
Will Plan (includes all related health forms, durable power of attorney): $1250-1500
Revocable Living Trust Plan (single): $1700*
Revocable Living Trust Plan (married): $2100*
*Fees will increase if your plan requires additional schedules, or highly customized and detailed language. This is not a common occurrence, but sometimes happens and is within client’s control. Also, a deed preparation fee will apply if there is more than one real property.
For some probate matters, the statutory fee will be applied and come from the estate when it is settled. For other probate matters, I will estimate the time and bill on a flat fee basis if desired.