One of the goals many have for estate planning is avoiding probate, the legal process that ‘settles’ the estate of a deceased person. Not only can probate be time consuming, but it can involve fees and appearances. There is a tried and true estate planning tool that is used to avoid probate, and you may have already done it and didn’t even realize it. How your property is titled, the form of … [Read more...] about Does your Form of Property Ownership Avoid Probate?
Going through the probate process can be very frustrating for the loved ones you leave behind after your death. Although you can do things to try to make the process easier by having a valid will, the probate process can still be very long and drawn out. For this reason, many people opt to create a joint tenancy situation as a way of avoiding probate. A joint tenancy simply means that someone … [Read more...] about Avoiding Probate Due to Joint Tenancy