A traditional will puts your estate through probate court, which takes over a year and costs thousands in attorney fees. Worse: probate records are public, so anyone can see what you owned and who got it. A revocable trust keeps those details private and skips the whole process.
there will be no privacy whatsoever. You need to understand that it is going to take a long, long time, and it is going to cost you much more. And of course, I'm talking about making a last will and testament through the probate court procedure. If you have a will, when you die, your family is going to be spending on average a year or more in probate court. The cost of getting that will through the probate court procedure is going to be significant. In states where lawyers can charge attorney's fees based on a percentage of the estate, it could $20,000 for a $700,000 or $800,000 estate. That number will vary widely depending on where you are, but it is going to be a big number. And there's no privacy. The reason that you read about the value of celebrity estates in the media is because they had a will. Anybody that wants to can go to the court website and find out what was in your will, what all the assets of your estate were valued at, and who in the family got each one of them. If instead of a will, you created a revocable trust, and you put
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