Probate

The decision of whether to file a probate action in court will oftentimes depend on the assets and debts of the estate. If there is any real estate in the estate, you should definitely talk to an attorney about filing. People frequently assume the title to real estate transfers automatically, but that is not the case. If you ignore that issue, there will come a time when you or your family members will have to deal with this issue. The longer you wait, the harder it is to resolve.

Tip! One of the benefits of probate is it allows you to establish a shorter statute of limitations for creditor’s claims and debts of the estate. If you don’t do a probate, regardless of whether there was a will or not, you may be dealing with creditors up to two years after your loved one’s death.