Probate is the legal process to establish the validity of a will.
Probate court is where you go when there are disputes over a will’s
validity. Probate judges make the final call. Simple enough, right?
Probate court is where you go when there are disputes over a will’s
validity. Probate judges make the final call. Simple enough, right?
If you’ve been in business for long, chances are you’ve heard at
least a few tales of probate problems plaguing family members, would-be
successors or remaining business partners.
least a few tales of probate problems plaguing family members, would-be
successors or remaining business partners.
Open court battles, lengthy delays and outrageous expenses – all part
of the lore of the evil nature of probate. In many cases, however, the
root cause is a messed up estate plan. In and of itself, probate doesn’t
have to be contentious, lengthy or expensive. Problems arise when a
decedent leaves a jumble of difficulties for the probate court to
untangle.
of the lore of the evil nature of probate. In many cases, however, the
root cause is a messed up estate plan. In and of itself, probate doesn’t
have to be contentious, lengthy or expensive. Problems arise when a
decedent leaves a jumble of difficulties for the probate court to
untangle.
Your business interest holds a number of tangible and intangible
property rights, and these rights may be a mystery to a probate judge.
Leaving the disposition of your business and its assets to the probate
court is like leaving your kids with an unknown babysitter. You get what
you get.
property rights, and these rights may be a mystery to a probate judge.
Leaving the disposition of your business and its assets to the probate
court is like leaving your kids with an unknown babysitter. You get what
you get.