November 2024
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Settling An Estate And The Hidden Costs

Most people don’t have to deal with this until a loved dies and they underestimate what is really involved in the process and how time-consuming and complicated it can be. the truth is closing an estate can be expensive and they’re all kinds of hidden cost that some are not aware of.  These include attorneys fees, court costs and commissions.

“Most people don’t realize that serving as an executor or an administrator is very time-consuming and burdensome,” says Harold Bollaci, an elder law estate planning attorney in Garden City, N.Y”

Here is an article that lays out the hidden costs of closing an estate.

I also found this video which might prove helpful.

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