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A will doesn't keep your family out of probate court. About half of Americans think it does, but probate typically takes six months to two years and can cost up to $40,000 on a $500,000 estate. A fully funded trust bypasses probate entirely.

A will doesn't keep your family out of probate court. About half of Americans think it does, but probate typically takes six months to two years and can cost up to $40,000 on a $500,000 estate. A fully funded trust bypasses probate entirely.
True. 50% of people in this country believe that if they have a will, it is going to keep their family out of court when they die. It won't. The average amount of time it takes to go through probate court with a will is 6 months to 2 years. With a $500,000 estate, on average, it can cost up to $40,000 to get through probate. Even my dog Louie knows that a fully funded trust can avoid all of that.

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