Attorney Jesse H Smith

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What is probate? Probate is the process of proving the validity of a will, transferring property, and settling the affairs of the deceased's estate. If there is no will, a similar process known as Administration is used to settle the deceased's affairs. What about my own will? Is it enough? You owe it to yourself and your family to find out: * Why a simple will does not avoid probate - but rather guarantees it * The right and the wrong way to leave someone an inheritance * How a court may appoint someone to handle your estate - as they see fit * Whether an estate plan or living trust might be right for you Estate planning isn't just for the wealthy few. Most people are aware of the exclusion for a certain amount of assets from estate taxes. The exclusion amount may seem very large. Yet, when you consider the value of retirement benefits, life insurance, the value of your home and other assets, you may be surprised at how much you're worth. Good estate planning makes for good living. When you've worked all your life to accumulate assets for the benefit of yourself and your family, you don't want "unintended heirs" such as the tax collector and estate administrator to benefit financially at the expense of your intended heirs. An estate plan can help assure your family of financial security after your death. It can cut taxes, administrative costs, and red tape. It allows you to dispose of assets as you wish, with consideration given to your heirs'.