top of page

Making Your Estate Go Smoothly

One of the most important things that you can do for your family, is to create an estate plan that makes things as easy as possible for them to manage after you pass away.

Planning

If you would like things to go as smoothly as possible for your family, there are a few things you should know about estate planning, as The Register-Guard discussed in "Final farewell needs to fare well."

If you do not have any estate plans, no beneficiary designations and no surviving joint owners, your estate will go through probate court. A judge will appoint someone to be your personal representative and your assets will be distributed, according to the laws of your state. You and your family will not have any choice in the matter.

If you have created a will, then your estate still has to go through probate. However, you get to decide who your personal representative will be and how your property will be distributed. Being a personal representative can be difficult, so many families need to hire attorneys to help get through the probate process.

A way to avoid this situation is to get a funded revocable living trust. They do not have to go through probate. With a trust you still get to decide who will be in charge of things and how all of your assets will be distributed. It is often the smoothest possible way for your estate to be managed.

Reference: The Register-Guard (March 21, 2018) "Final farewell needs to fare well."

0 views0 comments

Related Posts

See All

Are Seniors Prepared for Natural Disasters?

“A new national poll shows that many people over age 50 haven’t taken key steps to protect their health and well-being in case of severe weather, long-term power outages, or other situations.” With hu

Comments


bottom of page