probate avoidance

The most important part of any estate plan is declaring one's wishes as to how their property is treated after they pass away. Most people do not want their property going through probate. The probate process is how the courts oversee and distribute the property of a deceased person. Going through probate is time consuming, expensive, and an overall hassle for anyone handling it. By avoiding probate, one can maximize the amount of property transferred to their heirs. Every piece of property, if not conveyed correctly or titled correctly will need to go through probate. By titling assets correctly and having a proper estate plan in place, probate can be avoided along with the delayed distribution of assets and the steep costs associated with probate.