The True Cost of Court

9 May 2023 · 0 min

Watch on YouTube

0:23

In this brief video segment, Jerry Taylor explains the financial and temporal costs associated with going to probate court after a family member dies. He states that, on average, probate consumes about 5% of an estate’s value and takes roughly 18 months to resolve. Using a $1 million estate as an example, he illustrates that the court process could cost the heirs around $50,000 and consume a year and a half of their time. Taylor then directs viewers to his profile link, inviting them to join the “Max Your Money” community where they can learn strategies to avoid probate and keep more of their inheritance.

What is it actually going to cost to go to court after somebody in my family dies? Because if that person who passed away had a will, that's exactly where you end up. The cost of doing that is on average about 5% of the value of the estate, and it's going to cost about 18 months of someone's life. If it's a million-dollar estate, that's $50,000. If you go to my profile link and sign up for the Max Your Money community, you can learn how to stay out of court.