Estate Planning FAQ
An efficient estate plan is intended to save your family time, stress, and money.
A Will essentially offers a set of instructions to the Court for a probate. Without a Will, your property will pass on according to state statute, which may not reflect your personal wishes. A Will may also prevent fighting and additional litigation among your loved ones after you die which will ultimately save your family money.
An attorney can help you prepare for a Will that protects your rights and wishes. The help of an attorney creating the Will is beneficial because the laws pertaining to estate planning and probate are quite complex and also change from state to state.
Probate is a legal process that takes place after someone dies. A Probate includes:
· Proving in court that a deceased person’s will is valid
· Identifying the deceased person’s property
· Having the property evaluated
· Paying debts and taxes and distributing the remaining property as the will directs