How can I avoid a long, complex probate process?
There are a few different ways of avoiding probate but in my experience, one of the best ways of doing so is through the use of a revocable living trust.
When you pass away, assets that are owned within your living trust avoid probate completely. What that means is that your loved ones can now potentially receive their inheritance in a much shorter timeframe if that’s what you desire.
ADDITIONAL RESOURCES:
Does Your Estate Plan Need An Annual Checkup?
No Will? There’s A Way: Florida Intestate Proceedings
Probate & Trust Administration
What Is Probate?
Advantages And Disadvantages Of Probate
Is Probate An Expensive Process?
Understanding Probate: An Overview Of The Florida Probate System
Should I Try To Avoid Probate If Possible?
Estate Planning Basics: Why Avoiding Probate Is Preferable
Are There Any Assets That Are Not Required To Pass Through Probate?
Executing An Estate: 8 Key Duties Of The Executor
A Brief Overview Of Portability
Hollow Testaments: Understanding Florida Holographic Wills
Rule 41f And The Continuing Importance Of Gun Trusts