Probate is a process that everyone estate goes through. But what most people try to do is limit their loved ones experience in probate by establishing trusts to shield certain assets from the probate process, or by clearly defining how they want their assets to be divvied up when they pass away. Without a will, the probate process will proceed under basic rules and procedures, thus reducing the chances of a timely and cost-efficient process.
This is why you will read a lot of headlines and hear a lot of people talk about “avoiding probate” so as to limit your estate’s financial liabilities and to protect your loved ones from spending a lot of time arguing over your estate. Even if you limit your loved one’s exposure to probate, it is still a process that must be worked through.
For your personal representatives, your family members and your loved ones, it may be necessary to consult with an experienced estate plan law firm so that they can talk to a knowledgeable attorney who has dealt with probate and seen all the process has to offer. The probate process can be confusing and stressful, so it can be very helpful to have a lawyer by your side to advise and you keep you grounded during these anxious times.
If you live in the Phoenix area and are dealing with the probate process, consider Lincoln & Wenk. Our firm understands what you are going through, ad we can help you address the issues involved in your case.