Information updated as of 10-29-2020
DISCLAIMER: The contents of this article are intended to convey general information only and not to provide either legal advice or opinions. While FairSquare Home Buyers works with a team of attorneys on a regular basis, we are not licensed to practice law, and as such, the contents of this article, as well as the posting and viewing of the information contained within this article, should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. No action should be taken in reliance on the information contained within this article, and an attorney should be contacted for advice on specific legal issues. Should you need such a referral, please feel free to reach out to us.
How much does Probate cost in Kentucky?
Probate does not have to be expensive, especially for estates that have no disputes and little to no assets to sell. The cost of probate will depend on the value of the estate, the structuring of the estate and the level of complication for the handling of the estate’s assets. This article will breakdown the basic costs:
Basic fees charged by the Jefferson County Clerk is as follows (if you do not live in Jefferson County, you can look up your counties fees directly from your County Clerks website):
Probate Will and Appoint Fiduciary – $225
Probate Will and/or Petition to Dispense – $75.50
Additional fees you may incur:
- Probate Attorneys (hourly fee or percentage of the estate)
- Estate Executor Fees
- Accounting Fees
- Appraisal costs
The probate process can be confusing and intimidating, especially during an emotional time. The owners and employees of FairSquare House Buyers are here to assist you during this difficult time to help make this process easy. We work closely with a team of attorneys that specialize in probate and are happy to connect you. Please call us today or send us a message should you need help selling your probate property in Louisville!