
Seldom does anyone think about a death probate!
As a matter of fact many, if not most people , do not even know what that means ?
It really not difficult to understand when one becomes aware of what it means, and at some time towards the end of their lives as they contemplate Wills and Estates, most who draft Wills will become quite famaliar with the term .
At your death,your assets need to be distributed to your heirs. Your debts need to be paid and any loose ends need to be looked after.
You, obviously, can’t sign deeds, write checks or handle your business affairs.
The Probate Court now takes over these duties.
The probate process is a long complicated and bureaucratic nightmare for most families, and without a properly drafted WILL or Living Trust, can sometimes take 2 to 3 years to finalize. Even then, some decisions by the Courts may not end up in your favor.
This corner advises to take the valueable time with family to sit down and efficiently and quitely map out a comfortable solution that you want to achieve.
You wil be very happy you did,