When a person dies, the will may have to go through probate court to establish validity and proper distribution of assets. The length and cost of the process usually give it a bad name, encouraging people to avoid it.
America is a country of do-it-yourselfers – people who are handed a difficult task and say, “I don’t need help. I’ll figure this out myself.”
Being the executor of someone's estate can turn out to be a lengthy and incredibly complicated process. However, some people prefer to try to go it alone without the help of an attorney. They come out of the process a lot wiser (and perhaps with a lot more gray hairs).
An estate plan is more than just a plan to distribute your assets. A great estate plan will ensure that you receive preferred medical care in the future. It can also shield your assets from certain tax consequences, allowing your beneficiaries to receive the maximum inheritance possible. That is why it is important to choose the right attorney for the job. You will want a lawyer who understands the law and how it can benefit you.
In the wake of a loved one’s death, many people find the prospect of probate overwhelming. They may have heard the term, but do not really understand what the process entails.