How can a well-prepared estate plan provide relief for my family after my passing?

By ensuring a comprehensive estate plan, your family can experience significant ease during such a challenging time. For instance, during estate planning, it is crucial to circumvent the probate process upon death. Probate is an expensive and lengthy core procedure. It involves transferring assets from the deceased’s name to the beneficiaries. Administering an estate through probate can be time-consuming and costly, taking up to one to two years. Therefore, by evading probate, you will be relieving your family of considerable time, financial burdens, and frustration.