Final answer:
Probate fees for an estate valued at $2 million would not apply if the assets are properly held in a trust designed to avoid probate. If probate was necessary, the fees would be calculated based on the fee structure for the estate's value, exceeding the threshold for estate tax as of the 2015 guidelines. A specific answer cannot be given without considering potential variances in state laws and the actual administration of the trust.
Step-by-step explanation:
The question pertains to how much probate fees would be on an estate with a trust if the estate is worth $2 million. Based on the information provided, which outlines fees as percentages of amounts over certain thresholds, we would not be able to directly apply this to a trust because trusts are generally used to avoid probate and the associated fees. Nonetheless, should an estate be subject to probate, it would typically fall under the schedule that imposes $113,900 plus 34% of the amount over $335,000, related to larger estates. Since the estate in question is worth $2 million, it would be above the $5.43 million threshold for federal estate tax according to the Center on Budget and Policy Priorities, and therefore, it would not be subject to these taxes in the context of the year referenced. However, without clear guidelines for trust-associated fees or state-specific laws, and considering the information provided, the closest estimation for probate fees based on the estate's value and not accounting for trusts could be $113,900 plus 34% of the remainder above $335,000.