Written by Christopher W. Dumm, The Law Office of Christopher W. Dumm
Probate is the legal term that is used to describe the court process that takes place after an individual’s death to make sure all debts are paid as well as the distribution of all assets to the correct beneficiaries.
Like so many other topics within estate planning, there are often misconceptions and misunderstandings surrounding the probate process. However, having a valid estate plan in place before your death is important to not only ensuring that your family is taken care of, but will also help guide the courts through probate if needed.
Many topics, including what probate is, how one can avoid it, and how one can plan for it, are all covered in the full article here.