Probate is the process of court administration and distribution of your assets and property, either according to the state’s laws or a will if it has been created. The probate process may be fine if you have a reasonably simple estate. However, it is still best for you to have a will in place for the court to follow.
Having a will ensures that your assets are distributed to your specifications. Without a will, the court will be required to follow the distribution plans following state law, which may not be how you would want it.
There are ways to avoid probate. It may be the right course for you if you have a more significant estate, want privacy, and want to avoid the time and costs that occur with the probate process.
Contact us to learn more about how we can help you and your loved ones with estate planning.
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