You’ve heard everyone else talk about it, but you’re not really sure why. Does it really matter to remove as many assets as possible from your probated estate? 

Probate is the official court process that allows the court to make decisions about what happens to your assets if you don’t have an estate plan. In the process of estate planning, many people want to avoid probate altogether. Probate, as the legal process for settling and adminstrating a decedent’s estate with court supervision, many people find this as public exposure that adds expenses and frustration.

There are many different reasons why you may wish to avoid the probate process. The most common are time and cost. The length of time that is required for an estate to go through probate will vary by estate and by individual case, but it can be a long period of time that keeps your loved ones from getting the support you intended.

The costs of probate can include appraisal fees, accounting fees, administrator fees, attorney fees and court fees. These can become very expensive and are often worthwhile to be avoided. The right lawyer can be retained immediately to help you identify a strategy most in line with your estate planning needs.

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