Instructions
1Calculate the value of your probate estate. Items to include in your calculations include cash, checking and savings account balances, real estate value, retirement account value, face amount of life insurance, value of stocks, bonds or mutual funds, annuities, personal property like cars and trucks, household contents and business interests.
2
Find the amount of your probate estate in the following table. The figure on the left is the value of your probate estate.The figure to the right is the approximate amount of probate taxes for your estate:
$100,000 $5,950
$300,000 $14,350
$500,000 $23,683
$700,000 $30,683
$800,000 $35,350
$1,000,000 $44,683
$1,350,000 $52,850
$2,000,000 $68,016
$4,000,000 $101,850
$10,000,000 $259,354
3
Contact your local probate court and ask about probate costs. Typically you could expect to pay a few hundred dollars in addition to probate taxes.