Q: My father died without a trust; all he owned was a huge pot of gold that he brought here all the way from Ireland. What will happen to the pot of gold I just inherited?

by | Mar 17, 2021 | Q&A, Trust And Estate Administration |

A: This question came in from an anonymous follower! Unfortunately, since his father never had a trust prepared, and because the gold is worth more than $166,250, the family gold will have to be probated. In order to pay all of the court, administrative, and attorney’s fees associated with the probate, sadly, he will very likely be forced to sell the family gold. Don’t be content with just being lucky; be prepared too!

Happy St. Patrick’s Day all!