February 8

why is it good to avoid probate

Cortes Law Firm Oklahoma City Estate Planning Attorney

Probate Cost and Lack of Privacy

Why is it good to avoid probate, it cost money, and it takes a lot of time if you don't want your family to have to spend a huge portion of your estate on probate fees, attorney fees, publication fees, mailing fees, appraiser fees, realtor fees, then avoid probate altogether.

The other thing is it takes a long time. A regular probate is going to last you probably four to six months, depending on your jurisdiction. We have had a probate regularly go for over a year.

Lengthy Court Battles

There are extremes as well. 

We had one probate that was over 30 years old, that probate started before I was even in law school. I don't even think I'd graduated from college yet, but that's an outlier.

That's an extreme case of a probate that just took way too long because family members did not get along. 

Avoid Probate

The bottom line is, if you don't want your family to waste a lot of time and money that should be going into their pockets instead of to other people, then avoid probate altogether by getting a revocable living trust centered estate plan.

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Cortes Law Firm

5801 Broadway Extension Hwy Suite 110

Oklahoma City, OK, 73118



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