Court Rejection and Delays from Incomplete or Incorrect Probate Filings

$10,000-$20,000 per estate filing cycle: court rejections on 2-3 estates per quarter average (5-8 portfolio estates), refiling fees, late filing penalties, extended trustee liability exposure • $10,000-$20,000 per estate in additional legal fees, valuation updates, and internal staff time, plus potential tax and investment opportunity costs from delayed distributions. • $10,000-$25,000 per estate in litigation costs, delayed asset distribution (opportunity loss), and estate administration extensions

Aggregating data manually in Excel from several custodians, private investment records, and alternative asset statements; emailing draft schedules to estate administrators; relying on memory and manual tick‑marks to track which data has been reconciled and approved. • Email chains with Estate Administrator; spreadsheet tracking of accounting status; manual phone verification with court; beneficiary communication via email/phone • Exporting CSVs or PDFs from the institution’s systems and manually reconciling them with probate schedules in Excel and Word; repeated email iterations with the institution’s operations and compliance teams to adjust figures and language; maintaining separate shadow files just for the court.