How an Estate Planning Attorney in Cresson, TX, Can Help You Avoid Probate
Creating an effective estate plan is key to securing your assets and letting your wishes be respected after you pass away. Part of estate planning involves coming to an understanding regarding the process known as probate. This is a legal procedure that applies to the administration of a deceased person's estate. Generally, it is considered to be lengthy, expensive, and public. However, an experienced Estate planning lawyer in Cresson TX can support you in putting strategies in place to avoid probate and make sure the estate is transferred efficiently to your loved ones. 1. What is Probate, and Why Avoid It? Probate is the process where an estate of a deceased person is proven valid by a court, debts are paid off, and assets are distributed to the designated beneficiaries. The process appears relatively simple, but probate is often completed within several months or even years after death. Additionally, there would be incurred legal fees, court expenses, and executor fees, all of ...