Like other sensitive estate planning tools, it is normal for people to exaggerate some facts though real. As words are passed on from one person to another, there is the possibility of additions, exaggerations and fallacies. This is one of the disadvantages of oral tradition. You may want to know about those documented in papers and on the internet. Yes, you are right. But, they are still offshoot of oral features. In continuation of the other article, we shall consider the following myths and their right perspectives from an expert Probate Attorney Los Angeles:
The High Cost Of Probate
The myth associated with this is that probate is very expensive. Probate Attorney Los Angeles believes that the process of probate actually involves some expenses, which any affected individual will be responsible for. Some of these include court filing fees, attorney’s fees as well as some underlying costs. For those who want to employ available methods to ensure they escape probate, you can be sure of having to spend some money. While the cost of spending to avoid probate is real, it depends on the angle you view it from. Would you rather spend the money now to prevent a complicated situation or wait for it to be taken from your estate after your demise?
If you really care for your beneficiaries, you’ll actually go through any length to ensure they are well protected from the burden of having to cover expenses later. It is advisable to spend all you can now to ensure they enjoy what you left behind without much ado. The reality of probate cost is that it varies from one state to another, and if you want to consult a specialist like a Probate Attorney Los Angeles, the cost will be explained to you. In sum, the future peace of your beneficiaries should be paramount now than the money spent to avoid the probate process.
The Long Process Of Choosing An Executor
Estate planning is quite different from what we experience on daily basis. The bureaucracy and long process associated with the appointment of political leaders and even to get employment cannot be equated to the appointment of an executor. In most cases the appointment does not exceed a week. The only factor that can cause delay in the appointment is when family members disagree on who the executor should be; who should be appointed either within them or with the selected person. If you get a Probate Attorney Los Angeles involved, the entire selection process will be shortened and all possible delays eliminated. In all, you must be rest assured that the appointment of an executor does not take so long as people make us believe.
It is clear from the foregoing that the cost associated with probate isn’t meant for Probate Attorney Los Angeles only, but a conglomerate of many things. Similarly, considering the cost associated with the process of trying to avoid probate, it is better done now than to put your beneficiaries into untold future hardship.
For all your probate related matters, the Leventhal Law Group, P.C offers free and no obligation consultation with a qualified attorney. Call 818-347-5800 for a free consultation today!
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