Maximum Estate Value to Avoid Probate
In the mid-1960’s, efforts to modernize the probate system through adoption of the so-called Uniform Probate Code were conceived as joint projects of the American Bar Association and the National Conference of Comissioners on Uniform State Laws. The project attempted to bring some order to a system that was so archaic and complex that few, if any, of the country’s scholars of jurisprudence could find any redeeming value in it at all.
Unfortunately, the Uniform Probate Code ran into such universal opposition that it was either rejected outrigh or, where adopted by certain states, watered down to such an extend that one legal scholar said, “One wonders whether the original writers of the model code would recognize their own work.”
The following table shows the “Maximum Estate value to Avoid Probate”:
