When many Ohio residents think of estate planning and the probate process, they probably think “complex,” but it doesn’t have to be that way. In fact, part of the reason to have a solid, comprehensive estate plan is to make estate administration go smoother. Our readers may be wondering, how can an estate plan help with the probate process?
Well, quite simply, even a basic will and other estate planning documents can provide a probate court with directions as to how the planner wanted the estate to be administrated and distributed. On the most basic level, an estate plan will help the probate court to determine percentages for distribution of the estate and any specific bequests, as well as who, exactly, should serve as the executor of the estate. If a probate court has an estate plan to work off of – instead of when a person dies without a will, known as dying “intestate” – then the probate process can be much smoother for all involved.
Saving time and money
Many people put off the important task of drafting an estate plan because they are concerned with the potential complexity surrounding the task. Your family members and friends, however, will likely be thanking you in the long run if you take the time to put your thoughts and wishes into writing.
At our law firm, we work with Ohio residents who want to take the time to get their estate plans right. We understand how important the details of estate plans can be when it comes to the probate process and estate administration. For more information, please visit the estate overview section of our law firm’s website.