Living Trust • Fees:       No Statutory Probate fees because no probate is required.       Average Cost of Living Trust for two persons:  $1,250       Attorney Fees:   Negotiable, based on complexity of trust assets and amount of work Trustee does by themselves.               (Average cost: $5,000 - $10,000)     • Time to settle Estate:   Approximately 2 to 4 months     • Records are completely private.       Example - Assume: $1,000,000 Estate   $(800,000) Debts   200,000     $(10,000) Attorney Fees   $190,000 Net Distribution

No Living Trust = Probate • Fees:           Statutory Fees: $23,000 Statutory Executor or Administrator Fees: $23,000         Filing Fee (approx.): $350       Probate Referee Fee: $1,000   Cost of Court Required Estate Accounting   (average): $2,500 Total Cost: $49,850 • Time to settle Estate:   Approximately 6 to 8 months     • Probate records are available to the public.           Example - Assume:     $1,000,000 Estate   $(800,000) Debts   200,000        $(49,850) Probate and Other Fees   $150,150 Net Distribution

Probate fees are paid on the gross estate, not the net estate after debts. In this example the net estate was reduced $49,850 or 25% because of probate and other fees that could have been avoided with a living trust.