Top 3 Reasons Why YOU Want to Avoid Probate
Posted on: January 6th, 2017
When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic form of planning, a will does not avoid probate. Instead, a will simply lets you inform the probate court of your wishes - your family still has to go through the probate process to make those wishes legal. Now that you have an idea of why probate might be necessary, here are 3 key (albeit not the only) reasons why you want to avoid probate if at all possible....