July 28, 2010

Probate Court Fees in North Carolina

By Sabrina Winters

For those of you who still aren’t convinced that avoiding Probate should be a priority, here is a link (http://tinyurl.com/probatefees) to the list of fees that the North Carolina Probate Court charges for various documents, filings and actions in a probate matter.  By they way, some were just raised…again.  When calculating fees, don’t forget to add in the legal fees the attorney will charge to open, administer and close the estate.  Some firms charge an hourly and others charge a percentage of the value of the estate, so it is hard to estimate what that might be.  You can probably approximate that it will cost 4% to 10% of the value of the estate.  Not necessarily worth the lower price of a Will (as opposed to a revocable living trust) when you (well, actually your estate) is going to spend more money in the long run.  Just something to consider.

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Posted in Estate Planning, Last Will and Testament, Probate Process, trusts | Comments (1) | Trackbacks (0)

One Comment

  1. Jarrod - July 30, 2010 5:12 am

    This help just to know the fees are going to be 4% to 10% of the estate. I love getting good info. This is a good site to get just that.


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