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They Had a Trust. Their Family Still Went Through Probate.

Her husband was not careless. He was let down by a gap he was never taught to see.

A woman came to see us about a year after her husband passed. She was not angry when she sat down. She was confused.

They had been the responsible couple. Years earlier, a well-respected attorney had set them up with a trust. They had the binder, they had followed the advice, and her husband, a careful man who balanced the checkbook to the penny, had told her more than once, “Don’t worry, everything is in the trust. The kids won’t have to deal with any of that court nonsense.”

So when he died, she expected it to be simple.

It was not.

A large investment account, the one that had funded most of their retirement, was still in his name alone. It had never been moved into the trust. Neither had a rental property he had bought a few years after they signed.

Those two assets, sitting outside the trust, meant exactly the thing they had planned so hard to avoid. Probate. Public, slow, and costing the family a chunk of what he had spent a lifetime building. She kept asking me the same question. “But we had a trust. He was so careful. How did this happen?”

Here is the honest answer. They did the hard part. They planned. What no one ever did, in all the years after they signed, was go back and check that every asset actually made it into the trust and stayed there.

The plan looked finished. It was not. And nobody told them there was anything left to look at. Her husband was not careless.

He was let down by a gap he was never taught to see. That is the one I never want a family to learn about the hard way. The trust is not the finish line. Making sure everything is actually in it, and stays in it as life goes on, is the part that decides whether your family gets a simple afternoon or a year in court.

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Craig R. Hersch

  • Senior Partner,
    • Sheppard Law Firm
  • Florida Bar Board Certified Estate Planning Attorney / CPA
  • Editorial Advisory Board Member,
    • Trusts & Estates Magazine
  • Founder & Board Member,
    • State Chartered Trust Company