When is Probate a Good Idea?
Chicago's Legal Latte
English - April 02, 2014 21:00 - 16 minutes - 3.47 MB - ★★★★★ - 2 ratingsBusiness business law tax law family law estate planning real estate personal injury litigation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Probate may be necessary even if you a will, trust, or powers of attorney. The titling of your assets, the types of estate planning documents you have executed, and whether you have a large number of known or unknown creditors are all factors in whether probate should be opened. In some cases, probate courts may even be involved in medical and financial decisions made on your behalf while you are living.