Samuel has a $5 million gross estate. His solely owned business is his major asset. All of his other assets are also solely owned. Samuel has never married, but does have children. His financial advisor has suggested that Samuel title all of his assets in some form of will substitute to avoid the costs of probate, which are very high in Samuel 's state. Which of the following expenses could Samuel avoid by following his advisor's advice? I. A personal representative's fee II. The premium on a surety bond for the personal representative III. Appraisal fees to value estate assets IV. Federal estate taxes A) I and II B) II and III C) III and IV D) I and IV