Ep 133 | How much does it cost to go through probate in NC | Probate and Property Solutions

How Much Will Probate Cost  Where Can I Get the Money to Complete It

How Much Will Probate Cost and Where Can I Get the Money to Complete It?

What is Probate?

Probate is the legal act of settling the affairs of a deceased person. During the probate process the appointed personal representative(s) is referred to as the executor(s) if there is a verified will or the administrator(s) if there is no will in place. The personal representative will have legal authority to notify creditors and settle the affairs of the estate.  This includes paying debt and distributing inheritance owed and owned by the estate.  

Probate is public, takes a long time, and can be expensive. Let’s look at what expenses you can expect.

Factors That Impact The Cost of Probate

Depends on several factors including:

  • How large and complex is the estate?
  • Are any heir contesting the estate?  
  • What type of Estate Plans were in place prior to death (if any)?
  • Is there an attorney involved?
  • Etc.

The Cost of Probate

  • Filing Fees.
  • Attorney Fees.
  • Court and filing fees
  • Administrator/Executor/Probate Bonds (required by North Carolina county courts) 
  • Personal Representative (Executor) compensation – North Carolina states Executor fees are up to Superior Court clerk, but shouldn’t exceed five percent
  • Other professional vendor fees as needed
  • Time Cost.
  • Emotional Cost.

If you need support with the cost probate there are resources available such as probate cash advance. Probate cash allows you to receive funds prior to the closing of the estate. To find out if your probate case is eligible contact us at www.estateproservice.com

Disclaimer: The Durham County Office of Clerk of Superior Court is not affiliated with Courtney Rollins or Estate Pro Service, LLC in any way. The Durham County Office of Clerk of Superior Court  do not have any attorneys on staff and cannot give any legal advice. No exceptions.

Estate Pro Service, LLC and its members, officers, directors, owners, employees, agents, representatives, suppliers and service providers are not attorneys or financial advisors and are not providing legal or financial advise. Estate Pro Service, LLC and its members, officers, directors, owners, employees, agents, representatives, suppliers and service providers provides this website (the “Site”) for informational purposes only. Use of and access to the Site and the information, materials, services, and other content available on or through the Site (“Content”) are subject to these terms of use and all applicable laws.

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