joanmcq Posted August 17, 2016 Report Share Posted August 17, 2016 Probate is another reason people set up trusts. In CA for example, probate is long & expensive if assets are over a ridiculously low sum, I think it's $50,000. Trust assets pass outside of probate, so they make sense, in CA at least. 4 Quote Link to comment Share on other sites More sharing options...
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