I’m thinking of leaving my insurance defense firm and opening my own practice the beginning of next year. What is a reasonable hourly rate/flat fee for estate planning or probate litigation? My view is so distorted because insurance defense rates are a race to the bottom in order to compete for business. So I do not want to undersell myself if that makes sense.

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How many years experience and how big a city? I’d say minimums are $2500 for basic estate plans and $300/hr for litigation, but varies based on the criteria I noted.

It’ll be five years in November and I’m in the Bay Area.

Do you have any experience with trusts and estates work?

Be careful with flat fees. You have to do only basic plans and a high volume for this to be smart.

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Additional Posts in Trust-and-Estate Litigation

Hypo: old man (OM) dies owning a few valuable paintings, a house, and some cash. He has a trust set up to benefit his surviving spouse for life. Remainder to OM’s 3
Kids. Om excepted the valuable paintings from the trust. OM specifically bequests the paintings to his eldest daughter. She sells 2 of the 3 paintings. She then dies before taking possession of 3rd painting (it’s being held by a consignment shop). Does painting go to her surviving spouse or residuary of trust?

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