There are expenses that accumulate during probate, and these costs reduce the inheritances that will ultimately be distributed to the heirs. In addition to the money factor, there is the matter of time. Inheritances are not distributed until after the process has been completed, and it can take close to a year, even if there are no snags.
Topics covered in this report include:
- Payable on Death Accounts
- Joint Tenancy
- Life Insurance Policies
- Proactive Probate Avoidance Strategies
Click here to read the whole article or download the PDF.
Joe Masiuk, Estate Planning Attorney
As a partner in the law firm of Flood & Masiuk, LLC, Joseph Masiuk is committed to, a practice which provides people of all ages and walks of life with thoughtful and comprehensive solutions in Estate Planning, which includes Elder Care, Medicaid and Special Needs Planning.
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