Probate expenses can be specified using the Action Items at the bottom of the Estate Analysis. They will be automatically added to the 'Taxes and Fees' tiles within the estate flow chart, reducing a client's estate before it is passed on.
Probate expenses are entered as a percentage of the gross estate, excluding qualified accounts. RightCapital makes the assumption that qualified accounts such as 401(k)s and IRAs have beneficiaries assigned and will not go through probate. Jointly owned assets (properties, business, lifestyle assets, etc.) are also excluded from probate upon first death.
