Frequently asked questions regarding estate planning.
What is a will?
When the court supervises the transfer of your property after your death, then your estate is said to be "probated". An advantage of Probate is the Court supervises resolution of any disputes arising in the distribution of your property and resolution of debts. The disadvantage is that probate proceedings may be lengthy and are public. Therefore, in certain cases it may be advantageous to avoid probate by the creation of the revocable inter vivos trust to save fees and to avoid making your wishes public.