What you don’t know about a will and probate, can cost you, or your family, time money and hassle. Get the facts – Be informed!
Probate provides a public forum to resolve disputes raised by creditors or disgruntled heirs.
Probate can limit the time for creditors or other claimants to file a dispute against the estate.
Court costs, attorney fees and other probate expenses can consume as much as 3 to 8% of your entire estate
On average, the process of probate can take anywhere from 12-24 months to complete
In most states, probate records are open to the public. Anyone can see who got what, how much, etc.
Probate is a court supervised legal process. Your Executor must seek approval from the Court before taking any action.