For most people, the best way to avoid probate is by establishing a living trust. A living trust has all the benefits of a will and none of the drawbacks. You can name a guardian for minor children, set up trusts for money left to minor children, and direct how assets are to be distributed. In addition, assets held in a living trust can be disbursed within a few weeks, rather than the 12 to 18 months required for probate, and the tedious probate procedures and fees are avoided.

Probate can be a major complication for your heirs and can cost a great deal in time, money, and inconvenience. Careful legal planning now can provide your loved ones with peace of mind and greater security when they need it most. Proper estate planning will help you plan for the future without leaving your loved ones a legal mess to clean up.

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What is Probate?

What if there is no will?

Why should probate be avoided?