Wyoming sets executor compensation by statute — about $10,350 on a $500,000 estate, roughly 2.1%Wyo. Stat. § 2-7-803 (10% of first $1K, 5% of next $4K, 3% of next $15K, 2% thereafter; extraordinary fees per § 2-7-803(b), payable only on court order per § 2-7-805)Verified Sep 9, 2026. Executors can also waive their fee entirely or accept a reduced amount. When the executor is a family member who is also a beneficiary, waiving the fee is common because beneficiary distributions aren't taxed as income while executor fees are. See the Wyoming executor fee calculator.

Estate planning attorneys in Wyoming average $277 per hourClio Legal Trends Report 2025Verified Jan 1, 2025 for wills and estates work. Flat-fee packages run roughly $831–$1,662 for a simple individual will and $3,070–$4,605 for a basic revocable trust. Online and DIY services cost $30–$300 for the same documents — see the will cost calculator for a side-by-side comparison.

Wyoming has a generous small-estate threshold of $400,000. Estates under that line can use the Affidavit for Distribution of Personal Property procedure, which is a form rather than a court case — most families can handle it without an attorney. For estates above the threshold, formal probate generally benefits from counsel because of the procedural overhead, even when nothing is contested. The Wyoming probate calculator estimates total costs based on estate value.

In Wyoming, the situations where retaining counsel is typically worth the cost are: blended families with children from prior relationships; ownership of a business, rental property, or significant investment assets; special-needs dependents who need a special-needs trust to preserve benefits; substantial property held in multiple states. If none of these describe your situation, the simpler online and DIY tools are often enough.