What is Probate and Why is it so Problematic?

When someone deceases without a will or trust it goes through Probate and distributed according to state law.  Probate is not desirable because of the following reasons: Cost - Under probate, you may be subjected to estate taxes, lawyer fees, and court costs Time - The process may take anywhere from six months to as long as two years to close Privacy - When your estate undergoes probate, the information and value of Read More