Legal News by Legal Helpmate - Why Avoid Probate. Probate can be financially Devastating. Probate is a slow and time-consuming process court analyzes the assets, property, money

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Why Avoid Probate

"... When someone dies his or her assets are distributed according to the laws of your state. Probate court analyzes the assets, property or money and other things of value. The court will pay any debts for bills owed, and distribute anything leftover to you heirs. ...
 
... Every state has different probate costs and it can be very expensive. There is also a fee for the court, which can be as high as 10%. The court takes a financial piece of the estate before any debts are paid. The money is used for attorney fees and other court costs related to the estate ..."

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First of all, what is probate? We've heard various things about probate and we pretty ...
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The AB Living Trust Saves Taxes

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