Arizona Fees for Services Performed by Attorney, Accountant, or Personal Representative

Under California Probate Code, the executor typically receives 4% on the first $100,000, 3% on the next $100,000 and 2% on the next $800,000, says William Sweeney, a California-based probate attorney. For an estate worth $600,000 the fee works out at approximately $15,000.

Executor's remuneration: 3.5% calculated on the gross value of assets as at death. income collection fee: 6% calculated on all post-death revenue.

In Arizona, an estate attorney will usually agree to handle an uncontested, informal probate from start to finish for about $2,000 to $5,000. The majority of law firms use hourly rates to calculate the fee, but an increasing number are switching to fixed fee pricing structures.

A personal representative is an individual you place in charge of settling your estate after your death, also sometimes referred to as an executor or executrix if she is a female. Sometimes the personal representative of an estate without a will is called an administrator.

Generally, personal representative (executor) compensation is based on a reasonable $25 to $50 hourly rate standard.

In most cases, it takes around 9-12 months for an Executor to settle an Estate.There is no set time limit for completing the Estate administration process in full, but there is a deadline for submitting the Inheritance Tax form which must be met by the Executor.

As long as there aren't any contests to the will or objections to the executor's actions, the executor will be allowed to settle the estate at the conclusion of the four-month waiting period. That means an executor who is on top of their responsibilities could theoretically wrap up probate in as little as four months.

Some probate specialists and solicitors charge an hourly rate while others charge a fee that is a percentage of the value of the estate. This fee is usually calculated as between 1% to 5% of the value of the estate, plus VAT. The table below is an example of how much you could end up paying for their service.