Probate handles asset distribution post-death; having a will simplifies this process. Assign beneficiaries for assets like life insurance to bypass probate. Creating a trust can avoid probate, ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Probate is a term that often sends shivers down the spine of those unfamiliar ...
What is probate? Probate is the legal process for reviewing, managing and distributing someone’s estate after they die. The purpose of probate is to verify the validity of your estate plan. It ...