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| What is Probate?
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Estate Planning Probate Trust & Estate Litigation Trust Administration Conservatorships |
Probate is a court proceeding, upon the death of a person, which:
Probate is required when a person dies having assets in their individual name which exceed the value of $100,000. Assets which are held in the name of a Revocable Living Trust, or which have a joint owner, beneficiary or pay-on-death designation will likely not have to go through the Probate court proceeding. How long does Probate take? An efficiently run Probate can be closed in as little as 7 months. Complications, however, can increase this timeframe. The following is representative of the Probate process:
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