Change nothing and here is the arithmetic on a one and a half million dollar estate in California: twelve to eighteen months in probate court, fifty-six thousand dollars in statutory fees, and a permanent public record. That is the outcome of doing nothing, not of doing something wrong.
Transcript
What I said in this clip, lightly edited for readability.
Let's go back to our scenario with the Andersons. Two outcomes, same one and a half million dollars.
They don't do anything. Nothing changes. They have what they have. Twelve to eighteen months in probate court, hopefully, if only that. Fifty-six thousand dollars in statutory fees. The estate becomes public record. Anything going through court is public.
More on this topic: Probate
More From the Seminar
- Probate Is Public. Everything In It Becomes Searchable.
- $56,000 in Fees on a $1.5 Million Estate
- A Will From the 1990s Still Naming Guardians for Adults
Book a free consultation, or call (818) 788-7881.
Attorney advertising. This content is general information, not legal advice.