To ensure that a client’s estate does not go through probate court, is one of the main goals of estate planning. Why? Because probate is expensive, takes time and can verursachen.Zunächst big trouble here are some of the key concepts of Estate Planning: Living Trust – a trust, during the lifetime of a person (not in the course of the trust be amended or revoked set) vermeiden.Nachlassgericht probate – the legal process by which a will was found to be valid and binding (can be a long and expensive process is considered). Will – a document direct the disposition of assets after the Tod.Warum it is important for a good to avoid probate: In the May 2008 American Bar Association Journal says a lawyer in Chicago: “Probate Court in Illinois is relatively painless, as long as there are no disputes with him. Probate Court related only requires two court appearances and the decision does not require approval by the court, so long as there is no litigation or angry heirs intervention in the management of the assets. “It can be easily disturbed heir to unexpected interference in the administration of the estate. And may even pay a lawyer’s hourly rate for two court appearances and various court documents filed heirs cost a lot Geld.Probate fees can take a big bite from a small winery, lawyer and executor, probate fees are set by law in some states such as in California. The estate attorney in California is $ 13,000 for a small plot of land of $ 500,000, the California real estate prices is a small property to be paid. And if the executor is not waive the fee, he or she will also receive a fee of $ 13.000.Das is correct, $ 26,000 in fees for an estate, could be that only one small residence! Plus court filing fees, probate referee fees, charges and certified copy too much aggravation to erwähnen.Thema Privacy – Probate Court is a public process: Another problem is that there is a public probate process. A will is part of the records in the prefecture, and anyone who wants to can read it. If there is a relative contentious nature of a left, or if the privacy is estimated, should be avoided Nachlassgericht.Ein living trust solves these problems: What is it that needs a good does not need to go through the legal obstacles of the probate court? A will is not enough to avoid probate. A living trust is nötig.Ein living trust has the same instructions for the disposition of property that would be expected in a will. But since the trust is in an existing legal entity, it remains after death. Therefore, the property no longer go through probate court, as there are no assets that have proven to be “.” Pour-over will take care of all assets not transferred to the Foundation: A is still necessary to have in case there is no Assets not have the confidence to have been transferred. For example, the proceeds of a death claim would be picked up from, because such income has not been established at the time the trust does not exist. The will “pour” all that they include in the trust, which is why it is called “Pour-over” is known, on.The above information is only considerations for you to discuss with your own estate planning attorney, the information is not legal advice. The provision of this material is with a attorney-client relationship.