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How Much Does Probate Cost in South Carolina?

Written by

Annie L.

Reviewed & Facts Checked by: Patience P.
Probate costs overview in South Carolina.

 

Probate costs in South Carolina depend on the estate’s size and complexity, including court fees, attorney charges, and administrative expenses. Fees increase with the estate’s gross value, making it essential to understand the process and associated costs. This guide explains these costs in detail.

Common Probate Fees in South Carolina

Probate fees in South Carolina include several charges that depend on the size and type of the estate. These common fees are:

  1. Court Filing Fees: The gross value of the estate determines the filing fees. For example:
  • $0 to $4,999: $25
  • $5,000 to $19,999: $45
  • $20,000 to $59,999: $67.50
  • $60,000 to $99,999: $95
  • $100,000 to $599,999: $95 plus $1.50 per $1,000 over $100,000
  • $600,000 and above: $845 plus $1.00 per $1,000 over $600,000
  • Attorney Fees: These fees vary based on the complexity of the estate and the attorney’s experience. Some charge a flat rate, while others bill hourly.
  • Accounting Fees: Estates requiring detailed financial records may incur fees for professional accounting services.
  • Publication Fees: South Carolina law requires notice of probate to be published in a local newspaper, costing between $50 and $300 depending on the publication.
  • Appraisal Fees: Estates with valuable assets, like real estate or collectibles, may require professional appraisals, typically costing a percentage of the asset’s value.
  • These costs can vary, and understanding them helps executors and beneficiaries prepare for the financial requirements of the probate process.

    Who Pays Probate Fees in South Carolina?

    The estate pays probate fees in South Carolina. These fees are deducted from the estate’s assets before distribution to the beneficiaries. Executors are responsible for managing the payment of these fees, which include court costs, attorney fees, and other administrative expenses.

    For example, if the estate has $100,000 in assets, probate fees such as filing costs and attorney charges will be subtracted from this amount before beneficiaries receive their inheritance. Executors must ensure all probate-related costs are paid using estate funds.

    How Long Does Probate Take in South Carolina?

    Probate in South Carolina typically takes 8 to 12 months to complete. The duration depends on factors such as the complexity of the estate, the efficiency of document filing, and any disputes among beneficiaries.

    For example, smaller estates with clear documentation may conclude in less than 8 months, while larger estates with contested wills or complicated assets can take over a year. Executors must ensure timely submission of all required forms and adherence to court deadlines to avoid delays.

    What is Considered a Small Estate in South Carolina?

    A small estate in South Carolina is defined as an estate with a total value of $25,000 or less, excluding liens and encumbrances. Additionally, the estate must not include real estate unless it is exempt from creditors.

    For example, an estate comprising $20,000 in personal property and no real estate qualifies as a small estate. Small estates can use a simplified probate process called the Small Estate Affidavit, which reduces the time and cost of administration. Executors or beneficiaries can file this affidavit after 30 days from the decedent’s death.

    How to Avoid Probate in South Carolina?

    To avoid probate in South Carolina, individuals can use estate planning strategies that transfer assets directly to beneficiaries without court involvement. These methods include:

    1. Revocable Living Trusts: Transferring assets into a living trust allows them to pass directly to beneficiaries without probate.
    • Example: A house placed in a trust will automatically transfer to the named beneficiary upon the owner’s death.
  • Joint Ownership with Right of Survivorship: Property owned jointly with another person automatically passes to the surviving owner.
    • Example: A jointly owned bank account will transfer to the surviving account holder.
  • Payable-on-Death (POD) Accounts: Designating beneficiaries on bank accounts ensures the funds transfer directly to them upon the account holder’s death.
  • Beneficiary Designations: Naming beneficiaries for life insurance policies, retirement accounts, and investment accounts bypasses probate.
    • Example: A 401(k) account with a named beneficiary avoids probate.
  • Small Estate Affidavit: For estates valued at $25,000 or less, a simplified process avoids formal probate.
  • Proper planning and these strategies ensure assets are distributed quickly and efficiently while minimizing legal and administrative costs.

    What is UPC in South Carolina?

    The Uniform Probate Code (UPC) in South Carolina is a standardized set of probate laws designed to simplify and streamline the probate process. South Carolina has adopted parts of the UPC, making it easier to administer estates and resolve probate matters.

    For example, the UPC allows informal probate for uncontested estates, reducing court involvement and delays. Executors can use the UPC provisions to settle estates efficiently while ensuring compliance with state laws. The UPC aims to make probate proceedings more uniform and accessible across jurisdictions that have adopted its principles.

    How Much Does a Probate Lawyer Cost in South Carolina?

    The cost of a probate lawyer in South Carolina depends on factors such as the lawyer’s experience, the complexity of the estate, and the fee structure. Probate lawyers may charge hourly rates, flat fees, or a percentage of the estate’s value.

    1. Hourly Rates: Typically range from $150 to $350 per hour.
    • Example: A lawyer charging $200 per hour for 10 hours of work will cost $2,000.
  • Flat Fees: Common for straightforward cases and usually range from $1,500 to $5,000.
    • Example: A lawyer may charge a flat fee of $3,000 for handling an uncontested estate.
  • Percentage of the Estate: Lawyers may charge 2% to 5% of the estate’s value.
    • Example: For an estate worth $100,000, the fee could range from $2,000 to $5,000.

    Executors should discuss the fee structure with the lawyer to ensure clarity and alignment with the estate’s budget.

    Court Fees

    Probate Court Fees
    The following fees apply to probate-related court proceedings in South Carolina:

    • Accountings (Conservatorship only): Fees for managing and filing financial accountings in conservatorship cases.
    • Certified Copy: A nominal fee for obtaining certified copies of probate documents.
    • Court Cost (Total Gross Value of Probate Estate):
      • Estates and Conservatorships:
    1. $0 – $4,999: $25
    2. $5,000 – $19,999: $45
    3. $20,000 – $59,999: $67.50
    4. $60,000 – $99,999: $95
    5. $100,000 – $599,999: $95 plus $1.50 per $1,000 over $100,000
    6. $600,000 – Unlimited: $845 plus $1.00 per $1,000 over $600,000
    1. Small Estate Affidavit:
      1. If the total value is below $100.00: $10
      2. If the total value is $100.00 – $4,999.99: $20
      3. If the total value is $5,000.00 – $19,999.99: $50
      4. If the total value is $20,000.00 – $25,000.00: $75

    Creditors Advertisement (Subject to Change):

    • Fees for publishing required probate notices:
    1. The Chronicle
    2. Twin City News

    Litigation:

    1. All Petitions/Complaints/Summons: Fees depend on the type and complexity of the filing.
    2. Motions: A separate fee applies for each motion filed.

    Other Court Fees:

    1. Conservatorship: Filing fees for establishing or managing conservatorship.
    2. Demand for Notice: Fees for requesting formal notice during probate proceedings.
    3. Exemplified/Authenticated Copy: Additional fees for obtaining authenticated court documents.

    Understanding these fees ensures executors and beneficiaries are prepared for the financial aspects of probate proceedings in South Carolina.

    What Happens If Probate Is Not Filed in South Carolina?

    If probate is not filed in South Carolina, several legal and financial consequences can occur:

    1. Estate Assets Remain Frozen: Without probate, the deceased’s assets cannot be legally transferred to heirs or beneficiaries. For example, real estate and financial accounts may stay in the decedent’s name, making them inaccessible.
    2. Outstanding Debts Go Unpaid: Creditors may not receive payment, potentially leading to legal claims against the estate. Under South Carolina law, creditors have a right to seek repayment through the probate process.
    3. Risk of Legal Penalties: Executors or individuals responsible for initiating probate may face penalties for failing to comply with South Carolina probate laws. This includes potential lawsuits from heirs or creditors.
    4. Disputes Among Heirs: Without probate, disputes over asset distribution may arise, causing delays and straining family relationships.
    5. State Intervention: In cases where no action is taken, the state may intervene to manage the estate, which could result in additional costs or asset forfeiture.

    To avoid these issues, filing probate within the required timeframe (usually 30 days from the decedent’s death) is essential for the proper administration of the estate.

    Types of Probate Proceedings in South Carolina

    South Carolina offers different types of probate proceedings to address the varying needs of estates. These proceedings include:

    1. Formal Probate:
      Formal probate is used for complex or contested estates requiring court oversight. Executors must follow specific court procedures, and hearings may be necessary to resolve disputes.
    • Example: An estate with multiple beneficiaries disputing the will’s validity would require formal probate.
  • Informal Probate:
    Informal probate applies to uncontested estates and requires minimal court involvement. It is quicker and less expensive than formal probate.
    • Example: An uncontested estate with a valid will and a cooperative executor can use informal probate.
  • Small Estate Affidavit:
    For estates valued at $25,000 or less, the small estate affidavit process simplifies administration. This option avoids formal probate entirely.
    • Example: A deceased individual leaving $20,000 in personal property and no real estate qualifies for this process.
  • Ancillary Probate:
    Ancillary probate is required for assets located in South Carolina when the deceased lived in another state. This process ensures local assets are distributed according to the will or state laws.
    • Example: A non-resident owning real estate in South Carolina must have ancillary probate for that property.
  • Muniment of Title (Rarely Used):
    This proceeding may be used when no debts exist, and the primary purpose is to transfer ownership of real estate. It requires court approval without full probate.
    • Example: A sole asset consisting of real property with no creditors may use this process.

    Understanding these options helps executors choose the appropriate probate type based on the estate’s circumstances.

    Executor’s Responsibilities During Probate in South Carolina

    Executors, also called personal representatives, have several important responsibilities during probate in South Carolina. Their duties include managing the estate, paying debts, and distributing assets to beneficiaries.

    1. Filing the Will and Probate Petition:
      Executors must file the original will (if available) and a petition to open probate with the South Carolina Probate Court.
    • Example: Submitting these documents within 30 days of the decedent’s death is required by law.
  • Identifying and Securing Assets:
    Executors must locate and secure the deceased’s assets, such as real estate, bank accounts, and personal property, to ensure they are protected during probate.
    • Example: Placing valuable items in a secure location prevents loss or theft.
  • Notifying Beneficiaries and Creditors:
    Executors must formally notify beneficiaries and publish a notice to creditors in a local newspaper.
    • Example: Publishing a notice allows creditors to submit claims within the statutory period.
  • Paying Debts and Taxes:
    Executors must review and pay valid debts, including medical bills and funeral expenses, and ensure estate taxes are filed and paid.
    • Example: Using estate funds to pay a $10,000 medical bill ensures compliance with creditor claims.
  • Maintaining Detailed Records:
    Executors must keep accurate records of all transactions, including payments, receipts, and distributions, for court reporting.
    • Example: Recording a $5,000 payment to a creditor ensures transparency.
  • Distributing Assets to Beneficiaries:
    After debts and expenses are settled, the executor distributes the remaining assets according to the will or state intestacy laws.
    • Example: Dividing a $200,000 estate equally among three beneficiaries fulfills the decedent’s wishes.
  • Closing the Estate:
    Executors file a final accounting with the court and request the estate’s closure after all responsibilities are fulfilled.
    • Example: Submitting a final report ensures the executor is officially discharged from their duties.

    These responsibilities require careful attention to legal and financial details, making the role of an executor critical to a successful probate process.

    Meet the Author

    LegalPen Author Anne

    Annie L – Distinguished linguist at LegalPen

    Annie is a distinguished linguist at LegalPen, bringing a unique blend of legal expertise and linguistic precision to her work. She earned her Juris Doctor degree from Yale University in New Haven, Connecticut, attending on a prestigious Law Faculty Merit Scholarship. At Yale, Annie showcased her exceptional skills by serving as an editor on the Yale Law Review.

    Upon graduating, Annie gained invaluable experience through a two-year appellate clerkship at a renowned law firm in Connecticut. During her time in law school, she honed her research and writing abilities as a research assistant and writer for various legal firms. Annie’s deep understanding of legal language and her attention to detail make her an invaluable asset to LegalPen.