How To Avoid Probate in 3 (or 4) Simple Steps
Probate is the legal process of administering a person’s estate after their death, ensuring assets are distributed to the next heir, and satisfying any liabilities. In my experience, everyone would like to avoid probate, where possible. It can be costly and time-consuming; an added difficulty for a family experiencing a loss. Here is a quick summary of 3 steps that you can take to avoid Probate: If you’re married and own property, make sure it is owned with your spouse as joint survivors, with rights of survivorship. I don’t recommend this universally if you want the property to transfer to your...
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