3 Reasons You Want to Avoid Probate

When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic form of planning, a will does not avoid probate. Instead, a will simply lets you inform the probate court of your wishes – your family still has to go through the probate process to make those wishes legal.

Here are 3 key reasons why you want to avoid probate. Read More

Why a Trust Is the Best Option for Avoiding Probate

Setting up a revocable living trust is quite often the best, most comprehensive option for avoiding probate. Often touted as an alternative to a will, a trust is a legal structure that permits management of your assets by a trustee on behalf of your beneficiaries. A living trust is established while you are still alive, as opposed to being created upon your death. Read More

Why Should I Avoid Probate?

There are several reasons why you should avoid probate; however, in this post we will address the top 3 reasons. Many people mistakenly think that having a will avoids probate. Unfortunately, a will does not avoid probate, rather, it lets the family of the decedent inform the probate court of the decedent’s wishes. Here are 3 key reasons why you want to avoid probate if at all possible. Read More

How to Avoid Conservatorship and Guardianship

When a person becomes incapacitated and is unable to manage their daily affairs, documents in their estate plan can eliminate the need for conservatorship or guardianship court proceedings.

To avoid the government’s interference in a family’s business and personal affairs,  documents in their estate plan can direct a trusted person to carry out that individual’s wishes for the situation. Read More

Wills vs. Trusts: What’s the Difference?

If you’re confused about the differences between wills and trusts, here’s a quick list of four things that a Revocable Living Trust can do that Wills can’t, two things that Wills can do that Revocable Living Trusts cannot, and three things that both Wills and Revocable Living Trusts can do. Read More