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Probate and Probate Avoidance This process can be confusing. Douglas Buchanan can make it clear. |
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What is Probate?Probate is a legal procedure to distribute assets after you die. The process determines what assets and liabilities exist and settles the accounts. If you have executed a will, it will be submitted to the probate court and they will work with the administrator named in the will. If you haven’t executed a will, it will be said you died intestate and an administrator will be assigned. What do I need to know about Probate?Probate courts specialize in settling estates. They solve disputes and distribute assets legally. Unfortunately, the probate process can take a long time. It can also be costly and confusing. It also puts a lot of private information into the public record, which makes some people uncomfortable. What are my options?An experienced California estate planning attorney can advise you. You may want to create a living trust, which will help you avoid probate and streamline the asset distribution process. If you have lost a loved one and are already in the process of probate, an attorney can work with you to help protect your interests and work for an expeditious settlement. |
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