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.

John J. Mangan, Jr.
Helping Florida residents with estate planning, guardianship as well as probate & trust administration needs.