Court fees, attorney fees, executor fees, and the cost of probate itself often diminish the value of an estate. The overall costs vary widely from state to state. But the average probate in the U.S. costs between 5 and 10 percent of the value of the estate.
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Estate planning often brings out emotional decision-making relative to asset division. Many people think that if they love their family, they can solve estate concerns by leaving everything to their loved ones in a will. Unfortunately, however, wills are (contrary to their name), not the most caring way to plan your estate. It’s important to […]