What is probate?

probate is a court case that you file against yourself with your own money for the benefit of your creditors after you pass away. Now, that seems pretty negative of a description. And really, it’s because it is. The only time that I think it makes sense to go through probate is if you have siblings, family members, children, who are going to be fighting with each other who won’t trust each other no matter who is involved. In those circumstances, it makes sense for a judge to oversee that process. But if that’s not your family, the vast majority of the time it makes sense to avoid probate because it’s costly. It’s time consuming, and it’s a giant headache. It’s leaving a big mess for your loved ones after you pass on

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