Do I Need a Revocable Living Trust?

Review the probate fee chart and decide for yourself whether you want your heirs to pay the probate fees or whether you would rather pay for a revocable living trust while you are still living.

Remember that in California you can transfer up to $100,000.00 of financial assets to another without probate and that spouses can transfer all of their community property to the surviving spouse without probate (although that might be ill-advised if you are going to waste your exemption).