Death is never an easy topic to broach, but it's essential to have an estate plan in place for your loved ones. Many will try to put off making a will because it may be too morbid or they don't have enough assets to warrant one. But the truth is, everyone can benefit from having a will. Not only does it simplify the distribution of your assets, but it can also help avoid probate.
Defining Probate
Probate is the legal process of validating a will and distributing an individual's assets after death. It can be time-consuming and costly, so many families try to do everything possible to avoid it. Families may feel overwhelmed by all the paperwork and deadlines that can come with this undertaking, and it can be emotionally draining to settle a loved one's estate in such a complex way.
While probate isn't typically an enjoyable experience, it is critical to ensure the deceased's wishes are honored and their estate is distributed correctly.
Wills and Probate
Dying without a will can cause headaches and extra stress for your loved ones. When this happens, your estate is placed in the hands of the probate court. It is essential to establish a will to honor your wishes upon passing so your family does not suffer even more during this difficult time.
Can a Trust Avoid Probate?
Probate can be stressful and challenging when you already feel overwhelmed by grief. Using a trust can provide peace of mind that your assets will transfer quickly and efficiently, meaning your loved ones don't have to endure the strain of probate. It is difficult to say goodbye to someone you care about, but setting up a trust in advance can help that transition go as smoothly as possible for everyone involved.
Let Puryear, Newman & Morton, PLLC Help Your Family
At Puryear, Newman & Morton, PLLC, our caring and compassionate attorneys understand that it can be overwhelming when facing the possibility of probate. We take the time to listen carefully to each client's story to ensure we give efficient and quality advice tailored to your family's needs.
Let us work together to find the best solutions for your unique situation — contact us online or by phone to get started. (615) 933-2366