What is Probate?

Published: June 21, 2020, 1:19 p.m.

Everyone knows that it's important to avoid probate, right? But what is probate, anyway? Is probate expensive, time consuming and invasive? Well, it certainly can be -- but most often it's not very complicated and easy to handle. And also, most often it is easy to avoid. Last week we discussed probate avoidance. This week we focus on defining the term -- and explaining when probate is required.