CAN PROBATE BE AVOIDED?

ALEGAL PROCESS

Probate is a legal process

When you use a last will to direct the transfer of your assets, the executor must admit the will to

probate

Probate would also be a factor if you died without any estate planning documents at

all

PITFALLSProbate

There are three major pitfalls that go along with the probate

process

Money & PrivacyTime

Probate can be a time-consuming process

1

Probate can also be expensive

2

Probate is a public proceeding that strips your family of

privacy

3

AvoidanceProbate

After hearing about some of the pitfalls of probate, you may

wonder if it can be avoided

The answer is yes, there are probate avoidance strategies

that can be implemented

Living TrustsRevocable

You could facilitate asset transfers outside of probate through the creation of a

revocable living trust

Timely

ASSET TRANSFERS

With a revocable living trust, you don't lose control of the resources

while you are living

After you die, the trustee distributes assets to the

beneficiaries outside of probate

These transfers will take place in a timely manner

SCHEDULE A FREE ESTATE PLANNING

CONSULTATION

If you would like to learn more about probate and revocable

living trusts, contact our firm to schedule a free consultation

Click to visit:

organizeyourassets.com