Estate Planning
Avoiding Probate in Court: Expert Strategies and Legal Advice
Probate is Expensive
Nowadays, everything is more expensive. That includes probate court and the lawyers that work in them. The most effective estate planning strategies today involve a comprehensive plan that avoids the probate court process altogether. In my probate office, I find that my clients, oftentimes, are surprised that they even have to "probate the Will." Most lay people do not understand that a Last Will & Testament is not self-enacting. A Last Will & Testament is, simply put, just a list of instructions and orders that have yet to be carried out by, hopefully, a living and willing personal representative (i.e. Executor) of the Estate. This whole process is an administrative lawsuit that involves filing a new case, putting the public on notice, and also notifying all beneficiaries or heirs of the Estate. This process is largely impossible without the assitanct of a lawyer, and even more so if there was no Will for the Decedent (i.e. the person who has passed away).
Probate Can Be Avoided
The good news is that if you situate your assets correctly, you can avoid the probate process entirely. Downsides to probate court include the following: 1). the time it takes to do probate, 2). the expense of lawyer fees and court costs; and 3). public nature of a probate. In any probate case, the Will is a public record and can be viewed by anyone. The same applies for the Inventory of the Estate that gets filed -- the Inventory itemizes all the property of the estate. Some families prefer their estates to be heard in a more private manner. Not to mention, if your estate is handled outside of the courthouse, there is no existing case for any creditor (or family member) to file a lawsuit into.
Probate Can Be Avoided
The good news is that if you situate your assets correctly, you can avoid the probate process entirely. Downsides to probate court include the following: 1). the time it takes to do probate, 2). the expense of lawyer fees and court costs; and 3). public nature of a probate. In any probate case, the Will is a public record and can be viewed by anyone. The same applies for the Inventory of the Estate that gets filed -- the Inventory itemizes all the property of the estate. Some families prefer their estates to be heard in a more private manner. Not to mention, if your estate is handled outside of the courthouse, there is no existing case for any creditor (or family member) to file a lawsuit into.
Probate Avoidance Package™
At the Law Office of Troy M. Moore, PLLC, we have coined a name for one of our estate planning packages we offer. The Probate Avoidance Package™ does just what its name says -- AVOIDS PROBATE COURT. 👍 A few years back, Texas passed a law that allowed owners of real estate to designate beneficiaries of real estate through a specialized deed known as a Transfer on Death Deed. Additionally, did you know that you can even designate beneficiaries for your automobiles? Well -- you can.
Call us today to discuss hiring our office to assemble your comprehensive estate planning package that allows your loved ones to avoid the probate process after you have passed away (that is a savings of $5k or more per person!).
Our Probate Avoidance Package contains the following items:
1. Basic Last Will & Testament
2. Transfer on Death Deed
3. Medical Power of Attorney
4. Financial Power of Attorney
5. Vehicle Beneficiary Designation
6. 30-Minute Attorney Consultation on Setting up Financial Accounts
We can make it easy for you to avoid probate court and a potential guardianship over you and your estate. Call us today and get the process started.
Probate Avoidance Package™
At the Law Office of Troy M. Moore, PLLC, we have coined a name for one of our estate planning packages we offer. The Probate Avoidance Package™ does just what its name says -- AVOIDS PROBATE COURT. 👍 A few years back, Texas passed a law that allowed owners of real estate to designate beneficiaries of real estate through a specialized deed known as a Transfer on Death Deed. Additionally, did you know that you can even designate beneficiaries for your automobiles? Well -- you can.
Call us today to discuss hiring our office to assemble your comprehensive estate planning package that allows your loved ones to avoid the probate process after you have passed away (that is a savings of $5k or more per person!).
Our Probate Avoidance Package contains the following items:
1. Basic Last Will & Testament
2. Transfer on Death Deed
3. Medical Power of Attorney
4. Financial Power of Attorney
5. Vehicle Beneficiary Designation
6. 30-Minute Attorney Consultation on Setting up Financial Accounts
We can make it easy for you to avoid probate court and a potential guardianship over you and your estate. Call us today and get the process started.
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