To avoid probate entirely, property must not be titled solely in one individual’s name, or must be transferred or distributed before the person’s demise. However, to ensure that the potential drawbacks of attempting to circumvent probate do not outweigh the probate process itself, it is necessary to seek legal counsel during the estate planning stage.
If you would prefer your assets be administered in a more cost-effective way and in a briefer period of time, you may wish to consider implementing a Trust-based estate plan. This type of planning will allow the estate, after death, to be administered more affordably and typically faster – without ever having to go to court.
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