The True Cost of Skipping Estate Planning in California: Probate Fee Calculator
Estate planning is one of the most important gifts you can give to your loved ones. Many people put it off, thinking it’s too expensive or time-consuming. However, in California, the cost of not creating an estate plan can be much higher - both financially and emotionally.
When you pass away without a proper plan in place, your estate could go through probate. Probate is a court-supervised process to settle your estate, and it’s not only time-consuming but also expensive. In California, probate fees are set by statute (which means they’re determined by law), and they can quickly add up. Even if you have a will, your estate will still go through probate, and the costs remain the same.
To show just how costly probate can be, we’ve introduced an easy-to-use Probate Fee Calculator to help you estimate the fees your heirs might face if you don’t have an estate plan in place. You can also use it to see how much probate would cost if your estate plan is outdated or poorly drafted.
For example, did you know that for a $1 million estate, your heirs could pay approximately $46,000 in probate fees? This doesn’t include the time, stress, and delays involved in going through probate court. All of this can be avoided by creating a comprehensive estate plan that includes a revocable living trust.
The bottom line? Creating an estate plan is an investment that saves your family from the financial burden, emotional stress, and lengthy process of probate. Whether you need to update an existing plan or start from scratch, it’s never too early to protect your legacy.
Ready to get started? Use our Probate Fee Calculator today to see what probate could cost your loved ones - and take the first step toward creating an estate plan that gives you and your family peace of mind. Contact On Point Estate Law for a free consultation to discuss your options. We provide estate planning services to clients throughout California, and we offer in-person, phone, and Zoom appointments. Just call (619) 273-3329 or book an appointment here.
