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| If the trust is set up properly, its purpose is to avoid probate and the cost and time involved. If not sure, seek out a lawyer whose main line of business is estate planning. Cost wise, using Massachusetts, good planning is about 10 percent of what the probate bill would be with no planning. |
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| Tough to say how much it'll cost. The bulk of the costs will be to the attorney and they get their fee upfront. You have many factors involved like how many creditors, how many beneficiaries, how many accounts that need to be processed. All this is tough to say until the process begins. On Thu, 13 Jan 2005 04:03:25 CST, "TenPercent" <tenpercent[at]not-real-address.com> wrote: - quote - > Hi. I was wondering what the probate costs in Missouri would be > of an estate worth roughly $360,000. The estate consits of approximately > $260,000 in real estate--all paid, no mortgage--and about $100,000 in > cash, annuities, and mutual funds. > In Missouri, would a living revocable trust in connection with a > will be recommended to avoid Missouri probate costs, which I assume > would include court costs, executor costs, attorneys fees, etc. > Thanks so much for any help. > Very best regards. |
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| Hi. I was wondering what the probate costs in Missouri would be of an estate worth roughly $360,000. The estate consits of approximately $260,000 in real estate--all paid, no mortgage--and about $100,000 in cash, annuities, and mutual funds. In Missouri, would a living revocable trust in connection with a will be recommended to avoid Missouri probate costs, which I assume would include court costs, executor costs, attorneys fees, etc. Thanks so much for any help. Very best regards. |
| Tags |
| costs, estate, probate |
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