Little known Information About Probate

Little known Information About Probate

All estates must go through the probate process; regardless if they have a will because a will doesn’t avoid probate it initiates it. To avoid probate you will want to have your assets in a revocable living trust.

Most states allow estates within a certain dollar amount to be exempt from the probate process. For example some states have small estate or summary estates sales, allowing up to $100,000 worth of property to be exempted.

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