Probate 101: Why People Want To Avoid Court

In this article, you can discover…

• What the probate process is, and why it matters in estate planning
• How long the probate process takes in the State of Texas
• How a good lawyer can help you avoid probate and free up your estate

What Is Probate?

Probate is the legal process through which your assets are distributed after you’ve passed away. If you die with a written will, the will is then executed, and your things, land, and money are distributed according to that final document.

If you pass away without a will and have children, your assets are distributed by the court system through intestacy, meaning each child gets an equal share of everything you own.

Unfortunately, while this may sound fairly straightforward, the probate process can actually become complex and lengthy, keeping assets and money tied up longer than a family may be expecting.

How Long Does Probate Take In Texas?

Probate can take anywhere from a few months to a few years, depending on what kinds of assets you own and how complicated your estate is. If you own stocks and bonds, the process to get those released or liquefied requires specific legal paperwork and letters from the court and can take a considerable amount of time.

If you own multiple parcels of land in the State of Texas, across the United States, or in other countries, compiling all the legal documents to verify ownership and distribute that land can take time, as well. There are also deadlines wherein your heirs must file certain documents – and understanding the workings of the legal process is important.

This makes it all the more imperative to have a thorough and attentive estate lawyer reviewing your documents and helping you plan for a smooth, simple release of assets to your heirs.

Is There A Way To Avoid My Estate Going Through Probate?

Probate can involve using assets that have not been clearly designated as a means to pay off debts, legal fees, and other expenses. As a result, it can become incredibly costly as well as prolonged and frustrating.

It can be especially helpful to avoid probate when seeking to will land or properties, allowing those valuable assets to go directly to the loved ones, trusts, or charities you’ve intended. So, how can probate be legally skipped?

Letting a knowledgeable estate attorney draft and file all documents on your behalf can help your estate avoid probate, saving your family considerable legal fees and time in the future. This is possible even with a will, and the surest way to avoid probate is with the help of a seasoned and astute lawyer walking you through that process.

For more information on the Probate Process In Texas, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (979) 300-6771 today.