Probate Calculator: Estimate Your Estate’s Probate Costs

After a family member passes away, one question that often comes up is whether an Estate must be Probated.

Probates are state-specific and are required based on where the person lived, passed away, and/or held property. Below is a general overview to help determine whether the Estate likely requires a Probate in Oregon (our firm also handles Washington and California Probates).

To start, there is a common misconception regarding Wills and probate; namely, that if you have a Will, then probate is not required. Unfortunately, this is not the case. Living Trusts are the estate planning document that avoid probate. Wills (when the assets dictate, actually require probate). The definition of “Probate” is “the official proving of a will.”

Now to the real question: Does this Estate require Probate?

Do all of the Assets of the Estate Have a Specific Beneficiary Designated?

  • No: Take the value of the Probate assets and apply them to the calculator below.
  • Yes: It is likely that no probate will be required.

Use the calculator below to get an estimated value of the estate.

Personal Property

Real Property

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For a complimentary estate planning consultation, please call (503) 641-6262 or contact us online.

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Myatt & Bell, P.C. exists because of our belief in families. We believe in building up, strengthening, preserving and protecting families through the generations.

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