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What is probate and why do I want to avoid it?

avoid probate
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What is probate and why do I want to avoid it?

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10

Probate is a process whereby a deceased person’s estate is placed into the court system. The court makes sure that debts are paid and property is distributed according to the Will, or in the absence of a Will, in accordance with state law. People want to avoid probate because it is so costly, lengthy and public. A Living Trust avoids probate and is less expensive, quicker and private. The Living Trust completely eliminates the court process.

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