A living trust is helpful to avoid the expense of a guardianship in case of your future incapacity. In many circumstances, a durable power of attorney is a simpler and less costly way to achieve the same goal. Attorneys charge from three to 10 percent or more to probate your estate. Rarely do attorneys charge as much as three percent. In fact, most attorneys do not charge a percentage of the estate but instead charge an hourly rate for their work.
Probate takes years to complete.
Misleading and very unlikely . Non-taxable probate estates generally only take a year or less to complete. In most circumstances, the administration of a living trust is no more time efficient than the administration of a will in probate. Probate requires excessive time and money. Texas has adopted a simplified probate process under the Texas Probate Code.