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Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney The main reasons for setting up an irrevocable trust are for estate and tax considerations Folsom Probate Law In the case of a small estate,or if the decedent left his assets in trusts or gifted them prior to his death,probate may not be necessary.
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The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan Virtual Appointments Available Day,Evening and Weekends Folsom Probate Law The main reasons for setting up an irrevocable trust are for estate and tax considerations.
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