What are California Probate Fees?

Probate fees are set by statutory law in California, based on the gross assets of the decedent.

•  4% of the first $100,000

• 3% of the next $100,000

• 2% of the next $800,000

• 1% of the next $9,000,000

• .5% of the next $15,000,000

But these fees are for the executor and the attorney that they hire. In other words, for an estate with gross assets of $500,000, the fees are $13,000 for the executor and $13,000 for the attorney, for a total of $26,000.

For an estate with $1,000,000 in gross assets, the fee is $23,000 for the executor and $23,000 for the attorney, for a total of $46,000.

For an estate with $5,000,000 in gross assets, the fee is $61,000 for the executor and $61,000 for the attorney, for a total of $122,000.

There are several ways you (or your estate) can avoid paying these kinds of fees. Contact me for a complimentary consultation to discuss your options.