Your Will Must Go To Court

28 May 2022 · 1 min

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0:46

In this brief informational video, the presenter warns that a simple will does not keep an estate out of probate. He explains that in most states a will must be validated by probate court, which can be costly—citing an example of roughly $25,000 in fees for a $500,000 estate—and is a public process where details become accessible to anyone. He then recommends using a properly funded revocable living trust as a way to bypass probate, keep the settlement private, and avoid the associated expense and delay. The video ends with an invitation for viewers to ask questions, contact the presenter, and follow the channel for more estate‑planning guidance.

Chapters

"My mom thought she was safe with just a will." Wrong. She still had to go through probate. If any of you think that your will is going to allow your family to avoid going through the hassle and the expense and the time-consuming process of probate court, I'm sorry to tell you, but you're wrong. To legally enforce a will, it must go through the probate court process in most states. If you have a $500,000 estate, you can count on the expense of probate costing ballpark around $25,000. And everything that happens in probate court, is public. Anyone can find out about it. A revocable living trust avoids all of that. As long as it is funded correctly, your family will not have to go to court and everything will happen in private. If you'd like to know more, ask me questions, send me a message, and follow this channel for more information like this.