Probate can be expensive. In Florida, probate administration typically costs about 3-5% of the estate's value, perhaps slightly less for higher net worth estates.
The Good News
If an estate is well-planned in advance, there may be no need for probate or only minimal probate required through strategies like living trusts.
Bottom Line
Working closely with a good estate planning attorney can make things as easy as possible for your loved ones and potentially save significant money on probate administration.