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In most cases, you should try to craft your estate’s assets to avoid probate. The probate process can tie up an estate for months and sometimes even years. In addition, probate can be expensive, involving court costs, executor fees, appraiser fees and other expenses.
At Goldberg Sager & Associates, our team of legal professionals has more than 25 years of experience assisting clients in Brooklyn, New York City and the surrounding areas with wills and estate planning. Our lawyers and staff can help you.
Below are some of the ways you can avoid probate:
The two primary benefits of avoiding probate are cost and efficiency. Probate can be a complex and costly process that can drag on.
By using the methods mentioned above, you can ensure your family and loved ones receive your property and assets immediately and at minimal cost. Additionally, probate matters are public record. If you wish for the distribution of your estate to remain private, you must avoid the probate process. Lastly, creating a revocable living trust is less formal than drafting a will, and you can easily change the terms of a revocable trust to meet your specific needs.
Goldberg Sager & Associates has the knowledge and experience to assist you in drafting a comprehensive will to ensure your inheritance is delivered in accordance with your wishes. Contact us for the advice you need.