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Probate is merely a court-supervised process in which a judge appoints an administrator or executor to oversee payment of the decedent’s debts and distribution of his or her estate. Depending upon the nature of your estate and the laws of the state in which you live or own any property, probate can be a time-intensive, expensive process. With some basic planning, however, you may be able to avoid the probate process entirely. Advance Directives, Last Wills and Testaments, and Revocable Living Trusts—these are basic planning tools that every wise steward should consider including as part of his or her estate planning. Click on the links below to open an online brochure and learn more. |
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