Does a will increase probate expenses?
Not usually. It costs no more to administer an estate when a decedent leaves a will than when there is no will. Often it will cost less. When there is a will, the executor distributes the estate to the parties named in it. When there is no will, the probate court must determine who the legal heirs are and then distribute the estate to them. In either case, an administration under the supervision of the Probate Court is necessary.

A properly drafted will may reduce expenses of administration in a number of ways. Provisions can be placed in wills that take full advantage of the "marital deduction" section of federal estate tax laws. In most cases it is possible to avoid the payment of a bond for the executor by so providing in the will. These examples illustrate that a will can save money for you and your family, if it is drafted by a lawyer who is trained in all phases of probate law.

Show All Answers

1. Can life insurance take the place of a will?
2. Who will manage my estate?
3. May a person dispose of property in any way by making a will?
4. Does a will increase probate expenses?
5. What happens if I don't make a will?