Probably. You will most likely want to avoid probate, if possible. The probate process has numerous downsides.
First, it takes time, and many assets will be tied up while the process in ongoing. Depending on the size of the estate, the probate process could take six months to two years.
Second, the probate process potentially gives creditors access to your property and assets. There may also be considerable fees imposed on your family to complete the process.
Finally, the probate process involves public hearings and will result in a loss of privacy to your family during a time of less and emotional pain.
Get Help Today
If you have questions about the probate process, probate avoidance, or other questions, we are here to help. We want to try to make the estate planning and probate process as simple and stress-free as we can. Call (561)998-2362 or click the button to schedule a free Financial Legacy Review online now.