Legal Question in Wills and Trusts in Arizona
Estate under $600,000
In an estate under $600,000 that would not be taxable, would the will need to be probated? Would it be advisable to make a Living Will or put the estate in trust?
2 Answers from Attorneys
Re: Estate under $600,000
Yes, probate would be necessary. It can easily cost thousands and take years. Many people choose to avoid these problems with a living or revocable trust. Attorneys charge from $1000 to $3000 to work with estate planning clients.
Re: Estate under $600,000
Whether an estate is taxable is irrelevant in determining what probate procedures may be necessary. A Living Will has effect only during the maker's life time and will be of no help in terms of the probate of his/her estate. You are advised to immediately seek the advice of a qualfied estate lawyer in your area before proceeding further.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
