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

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

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Probate is the court-supervised process which occurs upon death, by which your assets are gathered up and inventoried, any debts you have are paid, and any remaining assets are distributed. Most people want to avoid it because it is expensive, time consuming and your documents become public record, allowing anyone to see them.

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Probate is the court-supervised process by which your assets are gathered up and inventoried, any debts you have are paid, and any remaining assets are distributed. Most people want to avoid it because it is expensive, time consuming and public.

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