What is Probate and How Can I Avoid It?
Probate is the court's legal process of determining the validity of a Will and passing assets to a person's heirs upon death.
Probate can be time-consuming, frustrating, and costly. The filing fees, administration costs, and expense of hiring an attorney to represent the estate can eat away a large percentage of the assets of the estate and take 1-2 years to complete. In many cases probate can force sale of assets to pay these fees, whether the timing is appropriate or not. In addition, the beneficiaries of the estate are held in a virtual limbo waiting for the probate to be completed before the estate funds are distributed to the appropriate beneficiaries. Probate is a process to be avoided if at all possible.
Fortunately, a proper estate plan can be designed to keep your loved ones out of the court system and distribute your assets quickly and smoothly to your beneficiaries. If you aren't sure whether your estate will be kept out of probate if you pass away, please call ArchAngel Estate Planning and Trust Services to ensure your wishes are met and your estate is properly protected.
If you've lost a loved one and are in a position where probate may be necessary, our knowledgeable attorneys are here to help you through the process. We promise to use our best efforts to walk you and your loved ones through the probate process in the most efficient and seamless way possible.