If you have a revocable living trust, it is crucial that you understand the importance of trust funding in order to avoid the unintentional expense of probate. As you may know, one of the benefits of having a living trust is to avoid probate. But having a signed living trust does nothing for you unless [...]
Many people confuse probate court costs with federal estate tax. The two are very different. Probate Probate proceedings are nothing more than establishing the validity of a will. However, this process is a long and expensive formality. For example, to probate an estate of $1,000,000.00, it could cost a decedent’s estate from $23,000 to $46,000 or [...]
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