It is well known that the court supervised process called “probate” is tedious and expensive; therefore, it is a common goal to avoid probate.
What is less well known is that, because probate is court supervised, what is accomplished is court approved and final.
Some examples of situations where probate may be necessary and crucial are:
- When there are beneficiaries or heirs who are in conflict;
- When there are problems with creditors.
In those cases, the relative conflicts and the debts are all settled in the probate process.
So it’s not all bad.