{"id":1114,"date":"2022-03-14T07:34:48","date_gmt":"2022-03-14T07:34:48","guid":{"rendered":"https:\/\/chargoisharper.com\/?page_id=1114"},"modified":"2023-05-02T05:58:32","modified_gmt":"2023-05-02T05:58:32","slug":"avoiding-probate","status":"publish","type":"page","link":"https:\/\/chargoisharper.com\/estate-probate-law\/avoiding-probate\/","title":{"rendered":"Avoiding Probate"},"content":{"rendered":"
Probate is a term that is frequently associated with estate planning, inheritance, and death. These concepts often come into the picture when one is at the end of their lives and would like to plot out an organized way to distribute their assets as well as have their estate cared for. However, it is reported that many attempt to avoid probate. The question begs, why? <\/p>\n
For starters, probate is defined as the process of formally selecting an executor or a personal representative to distribute and manage a decedent\u2019s estate. Many wish to avoid probate due to its time-consuming and expensive nature brought about by taxes, probate court<\/a> appearances, and other legal complications. Luckily, with the proper legal advice, you can avoid probate. <\/p>\n Planning to avoid probate is a wise decision since it only eats up time, energy, and money, depleting your loved ones and leaving them with no time to grieve. Many factors come into play when it comes to avoiding probate such as age, health, and wealth. Individuals who wish to steer clear of probate have to understand that certain legal steps come into play before this can take effect. One of them is having a living trust and another option is to have a joint and transfer on death accounts. <\/p>\n