Quote:
Originally Posted by ndf888
Feel free to ignore the chart. It has nothing to do with reality based on my experience in FL. Everything is negotiable.
|
Do you know any lawyers in the area that do not follow the statute and that are willing to negotiate the fee?
It would be nice to know if there are any lawyers that will do probate for a fixed amount such as $10,000. When I asked lawyers about fees they said that they are entitled to "reasonable compensation."
The statue goes on to say "compensation for ordinary services of attorneys in a formal estate administration is presumed to be reasonable if based on the compensable value of the estate, which is the inventory value of the probate estate assets and the income earned by the estate during the administration as provided in the following schedule."
The statute does say that
1. There is not a mandatory statutory attorney fee for estate administration.
2. The attorney fee is not required to be based on the size of the estate, and the presumed reasonable fee provided in subsection (3) may not be appropriate in all estate administrations.
3.
The fee is subject to negotiation between the personal representative and the attorney.