Legal Question in Wills and Trusts in Kansas
How are fees set up for processing wills and estates?
Is there a standard percentage rate or fee rate for settling an estate?
20 thousand for executor
20 for lawyer
5 for accountant
Should the firm give you an itemized fee bill if requested?
2 Answers from Attorneys
Re: How are fees set up for processing wills and estates?
You'd have to ask a KS lawyer about fees, since the probate laws vary greatly from state to state.
Any firm, in any state, should give you an itemized accounting. What they may not be able to do is give a projected bill when handling a matter on a time-based fee.
Re: How are fees set up for processing wills and estates?
There is no set fees. Although soem attorneys charge as a percentage of the size of the estate. If you have a time based fee agreement, an attorney should be able to provide adetailed listing of charges for a client. If it is a percentage or flat fee, then they may not be able to tell you how long each activity took.
Good aluck,
Tony Smith