Your estate will pay 10‘s of 1,000’s of dollars more in professional fees if your affairs are disorganized and your executor is not prepared.
Experienced estate lawyers now charge $500+ per hour: costs that ramp up exponentially when the estate is disorganized. Litigation is even more expensive.
Accountants usually charge $300+ per hour to prepare date of death and estate tax returns, because they’re complicated: another layer of costs that increase when the estate is disorganized.
Professional executors often charge 6% of the estate value. They will ask your surviving spouse or children to gather and organize all of your information while they ring the till.