Avoid probate so your loved ones can properly grieve.

• Date: 16 December 2022

Byline: Bridgetower Media Newswires

People often believe that having a will alone avoids probate after death. This is simply not true. Avoiding probate requires you to take active steps so that you don't have to go through the time-consuming process.

What is Probate?

Probate is the court-supervised process of transferring assets from a deceased person's name to the beneficiaries. Avoiding probate is less time consuming it may take up to one year to complete, it requires the help of an attorney, and there is a court filing fee based on the value of the assets.

What Triggers a Probate Situation?

Probate is required in Wisconsin if an individual's solely owned assets exceed $50,000.00 in value. If you own a home, this automatically creates a probate situation. If...